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This type of unemployment occurs when people lose jobs because of an economic downturn.Select one:a. Structural Unemploymentb. Mass Unemploymentc. Frictional Unemploymentd. Cyclical Unemployment

Question

This type of unemployment occurs when people lose jobs because of an economic downturn.Select one:a. Structural Unemploymentb. Mass Unemploymentc. Frictional Unemploymentd. Cyclical Unemployment

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Solution

The correct answer is d. Cyclical Unemployment. This type of unemployment is directly related to the overall health of the economy. It occurs when there is a downturn or recession in the economy and jobs are lost as a result.

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