Major U.S. Recessions and Peak Unemployment Rates

Historically, the Great Depression saw unemployment peak at nearly 25% in 1933, the Great Recession (2007-2009) pushed rates to 9-10%, and the COVID-19 pandemic led to a 14.4% peak in April 2020.

Sources

• April Was The Worst Month For Jobs Since The Great Depression—Here's What The Nu
• pmc.ncbi.nlm.nih.gov
• bloustein.rutgers.edu

Open the full topic