difference between cyclical and frictional unemployment
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━━━━━━━━━━━━━━━━━━━Cyclical unemployment occurs because of the ups and downs of the economy over time. When the economy enters a recession, many of the jobs lost are considered cyclical unemployment. Frictional unemployment occurs because of the normal turnover in the labor market and the time it takes for workers to find new jobs.
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━━━━━━━━━━━━━━━━━━━Cyclical unemployment occurs because of the ups and downs of the economy over time. When the economy enters a recession, many of the jobs lost are considered cyclical unemployment. Frictional unemployment occurs because of the normal turnover in the labor market and the time it takes for workers to find new jobs.
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yashada2004:
Can u pls give me 1 more point abouy cyclical and frictional unemployment
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