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At which point on the business cycle would most likely find cyclical unemployment?

User Phss
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Answer:

Recession cycle

Step-by-step explanation:

Cyclical unemployment is the nature of unemployment caused by the natural cyclical trends in the economy. The economy undergoes seasons of boom and downturns. These seasons occur repetitively in a country from time to time.

When the economy is experiencing growth(boom or expansion), the production level is high, resulting in the creation of many job opportunities. During recessions ( economic downturns), demand and production decline leading to loss of jobs. The rate of unemployment increases. The type of unemployment created by the decline in economic activities is cyclical unemployment.

User Amit Raj
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