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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?


To: Webster Groves who wrote (14992)2/2/2009 8:37:47 AM
From: Northern Marlin5 Recommendations  Read Replies (1) | Respond to of 50337
 
You are mistaken, sir. According to statistics provided by the U.S. Department of Defense: In mid-1940 the labor force was 55.9 million and 8.8 million of those folks were unemployed (that's 15.7% unemployment). Of the employed people only 300,000 were in the military supply industry.

By mid-1941 those figures had changed to a labor force of 56.9 million and 6.8 million of those folks were unemployed (that's 12% unemployment). Of the employed people there were 2.5 million in the military supply industry.

The United States was not building up its war making capability in 1939, as you state in your post. The war machine did not start to ramp up until 1941 and was in full swing by 1942. So, your statement "That earlier infusion of contracts to industry likely the beginning of the end of the Depression in the US." is incorrect.

The United States still had 12% unemployment in mid-1941!