If you hear a person saying "I lost my job at the GM plant because car manufacturing is slow due to a slowdown in the economy," you should conclude that this person is ________ unemployed.

Question

Quizplus · Accepted Answer

This person lost their job due to a slowdown in the economy, which is a common cause of cyclical unemployment. Cyclical unemployment occurs when there is a downturn in the business cycle, causing a decrease in demand for labor and resulting in layoffs or job losses.

If You Hear a Person Saying "I Lost My Job