The key takeaway... things were WAAAAAYYYYY worse than the recent 6% drop. Note (however) the rather remarkable snap back post 1933. The result is that within 10 years following the start of the Great Depression, employment was within 4% of the previous peak (and was positive year 11). Sadly, not too dissimilar to the -2% reduction in private employment we have seen over the last 10 years.
Source: U-S History
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