Annie had a job as a human resource manager of a restaurant chain that went out of business due to a downturn in the economy. This is an example of

Question

Quizplus · Accepted Answer

Cyclical unemployment occurs when there is not enough demand for goods and services in the economy, leading to job losses, as seen in Annie's situation where the restaurant chain went out of business due to an economic downturn.

Annie Had a Job as a Human Resource Manager of a Restaurant