Cyclical unemployment is:
A)the additional unemployment not captured in official statistics resulting from discouraged workers and involuntary part-time workers.
B)the extra unemployment that occurs during periods of recession.
C)short-term unemployment that is associated with the process of matching workers with jobs.
D)long-term and chronic unemployment that exists even when the economy is producing at a normal rate.Cyclical unemployment is the extra unemployment that occurs during periods of recession.

Question

Quizplus · Accepted Answer

Cyclical unemployment refers to the increase in unemployment that occurs during economic downturns or recessions, as businesses reduce production and lay off workers.

Cyclical Unemployment Is