Question

14. How many workers out of 10 were unemployed when Roosevelt took office?

Answer 1

Answer: 5.3 million Americans

Explanation: In the summer of 1940, about 5.3 million Americans were still unemployed — far fewer than the 11.5 million who had been unemployed in 1932 (about thirty percent of the American workforce) but still a significant pool of unused labor and, often, suffering citizens.

Answer 2

Answer: 5.3 million of Americans

Explanation:

The following is an outline of unemployment in the Presidencies since the Depression. Data for 1929 through 1946 include workers 14 and 15 years old. Since 1947 only those 16 and older are included.

HERBERT HOOVER - Unemployment was at an annual average of 3.2 percent when Hoover took office in 1929. Then the stock market crashed and many businesses failed. The jobless rate increased to 8.7 percent in 1930 and then to the high of 24.9 percent in 1933, when Hoover left office after being defeated for re-election.

FRANKLIN D. ROOSEVELT - In his first 100 days in office, Roosevelt moved to reform banks, establish parity for agriculture production, allow collective bargaining by unions and create the Public Works Administration, which gave jobs to thousands. The unemployment rate dropped but lingered in the teens until World War II, plunging to 1.2 percent in 1944. It was 1.9 percent when Roosevelt died in 1945.

HARRY S. TRUMAN - With the end of World War II, American servicemen returned home. Some could not find work, causing the jobless rate to double within a year and to rise to 7.9 percent in October 1949, before it dropped as a result of the Korean War. When Truman left office in 1953, unemployment was down to 2.9 percent.

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