1. Economics - Research on Unemployment
... relocate, facing age discrimination, or is unable to take lower-paying jobs. Cyclical unemployment is when you can lose your job due to the downturn in the business cycle. If the demand of goods and services decrease, then the unemployment rate will increase. It usually begins with less personal consumption, if the consumer demand for goods and services drop then the business revenues ... decline (http://useconomy.about.com/od/Employment/p/cyclical-unemployment.htm). Businesses have to make the unfortunate call of laying off workers to maintain profits ... lead to serious damage to one...
- Word Count: 1235
- Approx Pages: 5
- Grade Level: High School