Cyclical unemployment results from
A)a mismatch of skills
B)being in the wrong geographical location
C)taking the time to find the best job
D)seasonal decreases in demand for labor
E)a recession in the economy

Question

Quizplus · Accepted Answer

Cyclical unemployment is caused by a downturn in the economy, such as a recession, leading to reduced demand for goods and services and, consequently, a decrease in the demand for labor.

Cyclical Unemployment Results from