In December 2015, CHCH TV laid-off 129 employees from its local news division. If these lay-offs occured because advertisers cut back their spending due to a slow down in the economy, the former local news division workers would be classed as

Question

Quizplus · Accepted Answer

The correct answer is D) cyclically unemployed because this type of unemployment occurs when there is a downturn in the economy, leading to job losses as businesses cut back on spending due to reduced demand for their products or services, which in this case is indicated by advertisers cutting back their spending.

In December 2015, CHCH TV Laid-Off 129 Employees from Its