The Frasier Institute announced that the Canadian economic recession that began in December of 2007 hit a trough in June of 2009.During that period,which type of unemployment increased for sure?

Question

Quizplus · Accepted Answer

Cyclical unemployment inevitably rises during an economic recession, as businesses lay off workers due to decreased demand and economic activity slows down. Therefore, during the Canadian economic recession that lasted from December 2007 to June 2009, cyclical unemployment would have increased.

The Frasier Institute Announced That the Canadian Economic Recession That