This section contains 188 words (approx. 1 page at 400 words per page) |
1931: U. S. unemployment tops 8 million.
Today: Unemployment is very low, but while many employers claim they cannot fill jobs, many of the positions are for low paying menial jobs. As in the past, many of these jobs are filled with immigrants and minorities.
1931: Detroit lays off another 100,000 workers, reducing employment at auto plants by 225,000 workers in two years.
Today: Employment in automotive manufacturing has undergone many changes in the past seventy years. Production lines have become more mechanized and there have been periodic layoffs due to fluctuating demand, but the American infatuation with the automobile has meant an increasing demand for cars and led to relatively steady jobs in the automotive sector.
1931: The U. S. wheat crop breaks all records, driving down prices. Many farmers are forced off their land and banks foreclose on mortgages, thus adding to the poverty and food shortages of...
This section contains 188 words (approx. 1 page at 400 words per page) |