Which of the following is an example of a worker experiencing cyclical unemployment?
A)a worker who changes jobs to move closer her family
B)an assembly-line worker who loses his job because of automation
C)a Canadian Pacific Railway employee who got laid off because of the recession of 2008-2009
D)a lifeguard who was hired during the summer season is laid off after summer is over
E)a worker who quits his job because he does not get along with his boss

Question

Quizplus · Accepted Answer

Cyclical unemployment occurs when there is a downturn or recession in the economy, leading to decreased demand for goods and services, and subsequently, fewer job opportunities. The Canadian Pacific Railway employee losing their job due to the recession of 2008-2009 is an example of cyclical unemployment.

Which of the Following Is an Example of a Worker