Question

The slow job growth and rise in unemployment after​ mid-2007 is most likely​ ______.

A. structural
B. frictional
C. cyclical

Answer 1

The slow job growth and rise in unemployment after mid-2007 is most likely cyclical.

Step-by-step explanation:

The slow job growth and rise in unemployment after mid-2007 is most likely cyclical due to the economic downturn.

Cyclical unemployment refers to unemployment that occurs as a result of fluctuations in the business cycle. During recessions, businesses may cut back on production and lay off workers, leading to higher unemployment rates. In this case, the slow job growth and rise in unemployment can be attributed to the economic downturn that began in 2007.