Which type of unemployment is characterized by caused by a lack of demand for workers as a result of a shrinking economy?

Cyclical Unemployment

Step-by-step explanation:

Cyclical Unemployment can further be defined as an unemployment that results when the overall demand for goods and services in an economy cannot support full employment. So, to cut of the cost of the extra workers, industries start to remove the workers and in this way the demand of the workers decreases and unemployment increases.

It occurs during periods of slow economic growth or during periods of economic contraction.