Quote:
Originally Posted by Chas H
Unemployement figures are subject to interpretation.
Unemployment (% labor force)
Year Lebergott Darby[61]
1933 24.9 20.6
1934 21.7 16.0
1935 20.1 14.2
1936 16.9 9.9
1937 14.3 9.1
1938 19.0 12.5
1939 17.2 11.3
1940 14.6 9.5
1941 9.9 8.0
1942 4.7 4.7
1943 1.9 1.9
1944 1.2 1.2
1945 1.9 1.9
Lebergott considered those working for the WPA to be unemployed, Darby considered them to be employed.
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Yep, I'll consider that the end of the depression.......no doubt about it.