______ unemployment occurs during periods of weak economic growth.

Question

Quizplus · Accepted Answer

Cyclical unemployment occurs during periods of weak economic growth, when businesses lay off workers and there are fewer job opportunities available. This type of unemployment is directly related to the business cycle and is not caused by structural or frictional factors in the economy. Industrial unemployment is a type of cyclical or structural unemployment that occurs when entire industries or sectors of the economy experience job losses.

______ Unemployment Occurs During Periods of Weak Economic Growth