The accompanying list describes the responses of four individuals to a Bureau of Labor Statistics (BLS) survey of employment.
1) Mollie just graduated from college and is now looking for work. She has had three job interviews in
The past month but still has not gotten a job offer.
2) George used to work in an automotive assembly plant. He was laid off six months ago as the
Economy weakened. He expects to return to work in a few months when national economic
Conditions improve.
3) Jeanette worked as an aircraft design engineer for a company that produces military aircraft until
She lost her job last year when the Federal government cut defense spending. She has been
Looking for similar work for a year, but no company seems interested in her aircraft design skills.
4) Ricardo lost his job last year when his company downsized and laid off middle-level managers. He
Tried to ﬁnd another job for a year but was unsuccessful and quit looking for work.
Which individual is cyclically unemployed?
A) Mollie
B) George
C) Jeanette
D) Ricardo

Question

Quizplus · Accepted Answer

Cyclical unemployment occurs when there is a decrease in demand for goods and services, leading to a decrease in demand for workers. George was laid off due to a weakening economy, indicating that he is cyclically unemployed. Mollie is frictionally unemployed since she just graduated and is actively seeking work; Jeanette is structurally unemployed due to the specific nature of her skills and the job market; Ricardo is also structurally unemployed since he quit looking for work after being unable to find a job for a year.

The Accompanying List Describes the Responses of Four Individuals to a Bureau