165k views
5 votes
Joseph is an unemployed yard landscaping worker who is trying to find employment as he last had work seven months ago. He is now at a point where he will take any wage even if low to get money to pay the bills. He talks to businesses and landscaping companies on a daily basis but none are hiring due to an ongoing recession. How would you describe his experience with the correct economic term?

User Gev
by
8.8k points

1 Answer

5 votes

Answer:

Cyclical Unemployment

Step-by-step explanation:

Cyclical Unemployment occurs due to irregularities surrounding an economy and these said cycles eventually brings about recession and thus, a good number of willing workers would not be able to get jobs due to this fact. What Joseph is experiencing is called Cyclical unemployment.

User Gema
by
7.9k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.