On this day, 94 years ago, on January 20, 1931 (December 2, 1930, the number of unemployed people in Europe reached a record. January 20, 1931. As last year's worldwide recession worsened, the number of unemployed people in Europe reached unprecedented records in the winter of 1930. The situation is particularly serious in Germany and the United Kingdom. There are 2.5 million unemployed people in the UK, and nearly 5 million people in Germany are unemployed. Because prices have not fallen as in the past with job losses, P.M. Stephenson, director of the Commerce Department's Europe division, said unemployment has caused the worst economic situation in history, and this winter has been even more miserable.