ECONOMICS        HARD TIMES



By 1932,
approximately 14,000,000
Americans were unemployed
(about 1/3 of the workforce).  At least 5,000
banks had failed taking millions of peoples' savings.
Stock prices fell to 11% of their 1929 prices--a lose of $75,000,000,000!

[An Album of the Great Depression, William Loren Katz}]

The following figures are the percentages of unemployed workers in the United States from 1929 to 1943.  The figures are from the United States Bureau Of The Census.
 

                                                   YEAR                             %

                                                   1929                             3.2

                                                   1930                             8.7

                                                    1931                           15.9

                                                   1932                            23.6

                                                   1933                            24.9

                                                   1934                            21.7

                                                   1935                            20.1

                                                   1936                            16.9

                                                   1937                            14.3
 
                                                   1938                            19.0

                                                   1939                            17.2

                                                    1940                           14.6

                                                   1941                             9.9

                                                   1942                             4.7

                                                   1943                             1.9
 

Oklahomans in potato pickers' camp near Shafter, California.

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