Cyclical unemployment

 

 

 

Cyclical unemployment

 

Glossary of business

 

Definition of cyclical unemployment

 

Cyclical unemployment is often also called demand deficient unemployment. Workers are without a job because of a lack of aggregate demand due to a downturn in economic activity (a slowdown or recession).

 

Source : http://business-tes.wikispaces.com/file/view/Glossary.doc

link: http://business-tes.wikispaces.com/

Author : not indicated on the source document of the above text

 

Terminology about business

 

Job world

 

 

Definition and meaning of cyclical unemployment

 

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Meaning of cyclical unemployment

 

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What does cyclical unemployment mean ?

 

 

 

 

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