Question

Connie, a marketing director, lost her job when her company downsized. This is an example of what type of unemployment?

Answer 1

Cyclical unemployment, just took the test on ape.x :)

Answer 2

Cyclical unemployment.

Step-by-step explanation: It is not part of the natural unemployment rate.

It's caused by the contraction phase of the business cycle. That's when demand for goods and services generated by the company fall dramatically, forcing businesses to lay off large numbers of workers to cut or reduce costs.