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Between 1930 and 1941, 27,000 work stoppages led to a loss of 172 million labor days, and about 90 deaths. [1] As the economy declined workers were angry but management was losing money and could not afford to raise wages, so the strikes usually failed.
Department of Labor poster notifying employees of rights under the Fair Labor Standards Act. The Fair Labor Standards Act of 1938 29 U.S.C. § 203 [1] (FLSA) is a United States labor law that creates the right to a minimum wage, and "time-and-a-half" overtime pay when people work over forty hours a week.
As Governor of New York, Franklin D. Roosevelt had campaigned for the Presidency, in part, on a pledge to balance the federal budget. [4] [5] On March 10, 1933, six days after his inauguration, Roosevelt submitted legislation to Congress which would cut $500 million ($8.181 billion in 2009 dollars) from the $3.6 billion federal budget by eliminating government agencies, reducing the pay of ...
1930 182,975 Imperial Valley lettuce strike; 1931 341,817 Santa Clara cannery strike; Ybor City cigar makers' strike of 1931; 1932 324,210 Century Airlines pilots' strike; Vacaville tree pruners' strike; 1933 1,168,272 1933 Detroit auto strike; California agricultural strikes of 1933; 1933 Wisconsin milk strike; 1933 Yakima Valley strike
Thomas J. Mooney, a labor organizer and Warren K. Billings, a shoe worker, were convicted, but were both pardoned in 1939. [26] 19 August 1916 (United States) Strikebreakers hired by the Everett Mills owner Neil Jamison attacked and beat picketing strikers in Everett, Washington. [26] Local police watched and refused to intervene.
In the early 1930s, more people emigrated from the United States than immigrated to it. [93] With little economic activity there was scant demand for new coinage. No nickels or dimes were minted in 1932–33, no quarter dollars in 1931 or 1933, no half dollars from 1930 to 1932, and no silver dollars in the years 1929–33.
Economic forecasters throughout 1930 optimistically predicted an economic rebound come 1931, and felt vindicated by a stock market rally in the spring of 1930. [1] The stock market crash in the first few weeks had a limited direct effect on the broader economy, as only 16% of the U.S. population was invested in the market in any form.
Icelandic post-World War I prosperity came to an end with the outbreak of the Great Depression. The Depression hit Iceland hard, as the value of exports plummeted. The total value of Icelandic exports fell from 74 million kronur in 1929 to 48 million in 1932, and was not to rise again to the pre-1930 level until after 1939. [160]