Quote:
Originally Posted by iMind
Man, You guys gotta check your facts.
"the economy descended from essentially full employment in 1929 when the unemployment rate was 3.2 percent into massive unemployment in 1933 when the unemployment rate reached 25 percent"
Thanks for your input though.
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yes but that stat only counts people who've been unemployed for a year, people who stopped looking or been unemployed for more than a year are not counted in that stats. Even right now that percentage is only for six months have people been unemployed people who went back to school, or stopped looking, or been more than six months are still not considered in that stat