The President’s Conference on Unemployment – 1921

When President Harding was inaugurated in 1921, a sharp recession was underway that had begun the year before. By mid-1921, some five million people were out of work - perhaps 12% of the workforce. Concerns arose about the possibility of widespread hardship through the coming winter, and it was Harding's Secretary of Commerce, Herbert Hoover, … Continue reading The President’s Conference on Unemployment – 1921