drevon5636 drevon5636
  • 22-01-2018
  • Business
contestada

Is a form of unemployment that involves layoffs during recessions?

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jamuuj jamuuj
  • 03-02-2018
Unemployment is the art of being jobless. Unemployment rate is the number of people unemployed as a percentage of labor force  where the labor force include those unemployed plus those in paid or self employment. There are several types of unemployment including, seasonal , cyclical, structural and frictional unemployment among others. In this case, cyclical employment involves layoffs during recessions.
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