cyclical-unemployment

Noun

(uncountable)

(economics) A type of unemployment explained by the demand for labor going up and down with the business cycle.

Adjective

cyclical-unemployment

attributive form of cyclical unemployment, noun.

English Wiktionary. Available under CC-BY-SA license.

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"Cyclical-unemployment." YourDictionary. LoveToKnow. www.yourdictionary.com/cyclical-unemployment.

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cyclical unemployment - Investment & Finance Definition

Unemploy-ment that rises or falls in conjunction with the business cycle. As economic growth slows and corporations’ profits decline, cyclical unemployment rises because corporations lay off workers in order to reduce costs. The opposite is structural unemployment, which remains constant irrespective of what the economy is doing.

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Link to this page

Cite this page

MLA Style

"Cyclical-unemployment." YourDictionary. LoveToKnow. www.yourdictionary.com/cyclical-unemployment.

APA Style

Cyclical-unemployment. (n.d.). In YourDictionary. Retrieved from https://www.yourdictionary.com/cyclical-unemployment

cyclical-unemployment

cyclical unemployment - Investment & Finance Definition

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WORDS NEAR cyclical-unemployment IN THE DICTIONARY

cyclical-unemployment

cyclical unemployment - Investment & Finance Definition

Also Mentioned In

WORDS NEAR cyclical-unemployment IN THE DICTIONARY

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