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ALL meanings of cyclical unemployment

cy·cli·cal un·em·ploy·ment
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  • noun cyclical unemployment unemployment caused by fluctuations in the level of economic activity inherent in trade cycles 3
  • noun cyclical unemployment periodic unemployment caused by fluctuations in the business cycle. 1
  • noun cyclical unemployment (economics) A type of unemployment explained by the demand for labor going up and down with the business cycle. 0
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