examples of cyclical and structural unemployment?

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Example of cyclical unemployment: the loss of construction jobs during the 2008 financial crisis. As the housing crisis unfolded, home builders stopped constructing new homes. [ Example of structural unemployment: Natural disasters, such as hurricanes, have wiped out entire industries in geographic regions leaving the workforce structurally unemployed. ]

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Asked 8/28/2013 5:30:37 PM

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