There are two things you should take care of before opening a Roth IRA: 1  Tuck away at least $1,000 in a savings account for emergencies. 2  Pay off your credit card debt. At the very least, make a significant dent in your debt and have a plan for its elimination.
David O. Whitten, Auburn University. The Depression of 1893 was one of the worst in American history with the unemployment rate exceeding ten percent for half a decade.
United States History. Unemployment Statistics during the Great Depression. Unemployment statistics for the Great Depression show a remarkable collapse in the labor market in just a few years, with recovery that did not take place until the onset of World War II created an industrial demand that brought the economy back to prosperity.