________ unemployment measures unemployment caused by lack of demand for those who want to work; it generally follows the economy.

Question

Quizplus · Accepted Answer

Cyclical unemployment is caused by cyclical fluctuations in the economy, specifically by a lack of demand for labor during economic downturns or recessions. This type of unemployment is directly tied to economic conditions and varies with the business cycle. During periods of economic growth, unemployment typically decreases and during recessions, unemployment increases.

________ Unemployment Measures Unemployment Caused by Lack of Demand for Those