The BEST example of a cyclically unemployed individual is
A)Charles, who lost his job as a real estate salesperson when the housing market went soft because of a recession.
B)Alice, who quit her job to enter college.
C)Bob, who has just graduated from college and is entering the labour market.
D)Mary, who lost her job in the textile industry following a decrease in the tariff on textiles.

Question

Quizplus · Accepted Answer

Cyclically unemployed individuals lose their jobs due to economic downturns or recessions, as is the case with Charles, who lost his job because the housing market softened during a recession.

The BEST Example of a Cyclically Unemployed Individual Is