Richard loses his job at the microbrewery due to a downturn in general business conditions.He is experiencing

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This is an example of cyclical unemployment since it is due to a general downturn in business conditions. Structural unemployment is caused by a mismatch between the skills workers have and the skills needed for available jobs, seasonal unemployment occurs when a job is only available during certain times of the year, and frictional unemployment occurs when workers are in the process of transitioning between jobs.

Richard Loses His Job at the Microbrewery Due to a Downturn