Suppose the official unemployment rate in January is higher than the December level because the Christmas shopping rush is over.What type of unemployment would be responsible for this increase?

Question

Quizplus · Accepted Answer

Seasonal unemployment occurs due to predictable seasonal changes in demand for certain types of labor. In this case, the Christmas shopping rush has ended, leading to decreased demand for retail workers who were hired temporarily during the holiday season. Therefore, the increase in official unemployment rate would be attributed to seasonal unemployment.

Suppose the Official Unemployment Rate in January Is Higher Than