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Unemployment at 3.2%
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Period: to
The Great Depression
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Stock Market Collapses
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8.9% unemployment in 1930
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Major Bank Collapse
Unemployment for 1931 at 16.3% New York's Bank of United States loses $200million in deposits and results in the biggest bank failure in American history. -
Roosevelt Elected
Roosevelt defeats Hoover in a landslide election. Unemployment in 1932 at 24.1% -
21.7% unemployment in 1934
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Sweatshop
Some time durin 1935, Boris Gorelick finished his work "Sweatshop" -
Huey Long Assassinated
In the Louisiana Captial building, "Share Our Wealth Society" founder is assassinated. -
20.1% Unemployment for the Year
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FDR Re-Elected
Unemployment in 1936 at 16.9%, then at 14.3% in 1937. -
Last Shift
Sometime during 1937, Michael J. Gallagher completes his lithograph "Last Shift" -
19% Unemployment for the Year
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Line Up
Eli Jacob completes "Line Up" -
17.2% Unemployment rate
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Mobilization Lifts Economy
The attack on Pearl Harbor leads to mobilization of U.S. troops, ending the Depression.