Cyclical unemployment occurs when
A)a business cycle recession decreases employment.
B)individuals enter the labour market making the rounds of potential employers.
C)individuals with skills no longer valued in the labour market cannot find employment.
D)individuals give up the search for employment.

Question

Quizplus · Accepted Answer

Cyclical unemployment is directly related to the fluctuations in the business cycle, such as recessions, which lead to decreased demand for goods and services, resulting in reduced employment.

Cyclical Unemployment Occurs When