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Unemployment that happens when the economy is growing slowly or shrinking is called _____. This type of unemployment occurs when the economy is in the downturn phase of the economic cycle. structural unemployment seasonal unemployment cyclical unemployment
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Unemployment that happens when the economy is growing slowly or shrinking is called cyclical unemployment. This type of unemployment occurs when the economy is in the downturn phase of the economic cycle.
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Asked 5/7/2015 12:30:34 PM
Updated 9/20/2015 3:44:22 PM
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Unemployment that happens when the economy is growing slowly or shrinking is called cyclical unemployment. This type of unemployment occurs when the economy is in the downturn phase of the economic cycle.
Added 9/20/2015 3:44:22 PM
This answer has been confirmed as correct and helpful.
Confirmed by Andrew. [9/20/2015 11:30:34 PM]
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