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Cyclical Unemployment
What does it mean?
Unemployment resulting from changes in the business cycle.
In Other Words...
An example of cyclical unemployment is layoffs and cutbacks resulting from a recessionary economic phase.
Related Links
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Related Terms
Business Cycle | Coincident Indicator | Frictional Unemployment | Lagging Indicator | Leading Indicator | Natural Unemployment | Structural Unemployment
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A | B |
C | D |
E | F |
G | H |
I | J |
K | L |
M | N |
O | P |
Q | R |
S | T |
U | V |
W | X |
Y | Z
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