Great Depression in the United Kingdom/Tutorials
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1929 1930 1931 1932 1933 1934 1935 1936 1937 GDP 1929 = 100 100 99.9 94.8 95.1 96.1 102.6 109.8 114.5 117.9 Industrial production 1928=100 117 99 130 153 Unemployment, percent of all employees 8 12 16 17 15 13 12 consumer prices percent change -1 -4 -5 -3 -3 0 2 4 5
- Higher unemployment figures published at the time were of unemployment as a percentage of insured employees. The above are rounded estimates of unemployment as a percentage of the all employees. They may be an underestimate (see British Unemployment 1919-1939 by W. R. Garside Cambridge University Press, 2002).
Sources: GDP C H Feinstein: National Income, Expenditure and Output of the United Kingdom, Cambridge University Press 1972.