Auto and steel workers commonly experience this type of unemployment in a recession.
A) structural unemployment
B) frictional unemployment
C) natural unemployment rate
D) cyclical unemployment

Question

Quizplus · Accepted Answer

Cyclical unemployment occurs when there is a downturn in the business cycle, leading to a decrease in demand for goods and services. This, in turn, leads to layoffs and job losses, particularly in industries such as automobiles and steel production.

Auto and Steel Workers Commonly Experience This Type of Unemployment