Ask Question
14 September, 21:52

Mandy has been temporarily laid off during a recession comma but expects to be rehired when business picks up. mandy has been temporarily laid off during a recession, but expects to be rehired when business picks up. which type of unemployment is this?

+2
Answers (1)
  1. 15 September, 00:04
    0
    Temporarily being laid off due to a recession would fall under cyclical unemployment. Cyclical unemployment is described as being attributed to the cyclical nature of the economy, which goes through ups and downs. Essentially, there is not enough demand for the laborer and the position is, often, temporarily dissolved.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Mandy has been temporarily laid off during a recession comma but expects to be rehired when business picks up. mandy has been temporarily ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers