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Effects Of Lack Of Employment In The 1930's

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Effects Of Lack Of Employment In The 1930's
The lack of employment was one of the many effects that occurred during the 1930’s. Businesses chose to fire and not hire, and continued to do so. They did not have any hope that the economy would better and they planned not to expand their businesses. People could not find jobs, and would be lucky enough even if they did. In the article “Firing Not Hiring”, it states “Owners and managers lost confidence in the economy. They postponed plans to expand; they reduced production levels, laid off employees, or closed stores and offices all together.” (Hayes). Even public institutions began to be affected and this lead to the banks closing and failures. Business had gone down, making it harder for others to work. Moreover, young people soon started to work to support their families. …show more content…
During this time, money had started to become scarce. Nobody was earning enough any and nobody had nothing to give. They would not have enough to eat or buy personal items. One could go around selling produce for a few cents a piece, and doing this daily would not help out enough. Families would cut down on electricity so it would not result in higher bills. “Typical of the simple economies Mom practiced was keeping the electric bill to $1 a month and the gas bill to $1 a month…” (Hastings). Additionally, they would have save enough money in order to survive. In the article, “Digging In”, he talked about his parents saving money in a jar when they would need it most, such as an emergency, “Then Dad went back in the pantry and came out with a jar in which he had saved a few nickels and dimes for such an emergency” (Hastings)

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