Answers are grounded in this paper and cite their sources.
Microeconomic evidence reveals that the incidence and duration of unemployment in the 1930s varied significantly within the labor force. Long-term unemployment, which was especially high by historical standards, may have been exacerbated by federal relief policies.
No takes yet. Share an insight, caveat, or question.
Robert A. Margo (1991) studied this question.
Synapse has enriched 10 related papers. Consider them for comparative context: