Which of the following is an example of cyclical unemployment?
A)A recent college graduate still looking for her first job
B)A car salesman who loses his job because of a recession
C)A ski instructor who is out of work during the summer
D)An economics journalist who just quit her writing job in order to begin a new career as a college professor next month
E)A worker displaced from his factory job because of greater mechanization in the workplace

Question

Quizplus · Accepted Answer

Cyclical unemployment is caused by fluctuations in the business cycle, such as recessions. A car salesman who loses his job due to a recession is an example of cyclical unemployment because it is directly caused by economic conditions. The other options are examples of other types of unemployment: A) is frictional unemployment, B) is seasonal unemployment, C) is also seasonal unemployment, D) is voluntary unemployment, and E) is technological unemployment.

Which of the Following Is an Example of Cyclical Unemployment