“Anything over 20% is depression era rates.”
The real rate has been over 25% for years, as best I can tell.
Depression Era Unemployment Statistics. The government numbers were real back then unlike today.
Average rate of unemployment
in 1929: 3.2%
in 1930: 8.9%
in 1931: 16.3%
in 1932: 24.1%
in 1933: 24.9%
in 1934: 21.7%
in 1935: 20.1%
in 1936: 16.9%
in 1937: 14.3%
in 1938: 19.0%
in 1939: 17.2%