The ensuing depression lasted 5 years , ruined thousands of businesses , depressed daily wages by 25 % from 1873 to 1876 .
The ensuing depression brought the unemployment rate up to 14 % .
The ensuing depression lasted 5 years , ruined thousands of businesses , depressed daily wages by 25 % from 1873 to 1876 , and brought the unemployment rate up to 14 % .