Question

A stock person who is laid off by a department store because retail sales across the country have decreased is _______ unemployed. Multiple Choice structurally chronically cyclically frictionally

Answer 1

Answer: cyclically unemployed

Step-by-step explanation:

Structural unemployment occurs when the workers do not have the necessary skills that are required for a particular job.

Chronic unemployment simply means an unemployment that has been for a long period of time.

Cyclical unemployment occurs due to fluctuation in the business cycle. When there's recession or decline on the economy, cyclical unemployment increases as there'll be reduction in demand for goods and services.

Frictional unemployment occurs when workers search for jobs. It's the time spent while one is unemployed looking for another job.

Based on the explanation, the answer is cyclically unemployed.