asked 211k views
2 votes
Cyclical unemployment is the fluctuating unemployment over the business cycle that increases during​ _____ and decreases during​ _____.

asked
User Wpdaniel
by
8.7k points

2 Answers

6 votes

Answer:

a. Recession

b. An expansion

Cyclical unemployment is the fluctuating unemployment over the business cycle that increases during​ the recession and decreases during​ an expansion.

Step-by-step explanation:

Cyclical unemployment is an unemployment that occurs when there is a decline in the overall need of goods and services in an economy.

During cyclical unemployment workers are been laid off to cut costs in production of a particular product due to a decrease in the demand or lack of demand for that product.

answered
User Hammad Ahmed
by
9.2k points
1 vote

Answer:

expansionary phase, recession

cyclical unemployment is an unusual phenomenon in which economy in which the economic activities in a state or country rises and falls cyclically as opposed to linear unemployment where the economy just rises and falls. When there is such increase in economic activity, there is low levels of employment and job availability and vise versa

Step-by-step explanation:

answered
User Casillas
by
7.4k points
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