Cyclical Unemployment | What is Cyclical Unemployment? | Types of Unemployment

🔴 What Is Cyclical Unemployment?

Cyclical unemployment is the component of overall unemployment that results directly from cycles of economic upturn and downturn. Unemployment typically rises during recessions and declines during economic expansions. Moderating cyclical unemployment during recessions is a major motivation behind the study of economics and the goal of the various policy tools that governments employ to stimulate the economy.

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🗣️ 11th Commerce #11thcommerce
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🗣️ UGC NET COMMERCE #ugcnetcommerce
🗣️ Economics
🗣️ UGC NET ECONOMICS #ugcnetcommerce #ugcneteconomics

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🔴 In this video - #padhakulog
Teacher's Name - CS Payal Popli
Topic - Cyclical Unemployment

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