The unemployment rate in the US peaked out at about 2.5x what it is now in the Great Depression. Even now the US is the US isn't really in that bad of shape fo

The unemployment rate in the US peaked out at about 2.5x what it is now in the Great Depression. Even now the US is the US isn't really in that bad of shape for a developed nation; it's about 2% higher than most EU countries. The US has just had very low unemployment for the last 15 years or so, so it feels more dramatic. It was actually higher than now at one point in the early 80s.