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Cyclical unemployment

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Cyclical unemployment
Unemployment caused by a low level of aggregate demand associated with recession in the business cycle.


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Any deviations from this amount are considered cyclical unemployment.
CEOs a great predictor of employment by Chief Executive (U.S.)
Okun's Law relates the change in cyclical unemployment to the gap between actual and potential GDP growth -- that gap was smaller after 1995 than forecasters believed at the time.
Is Macroeconomics Dead? by The International Economy
In the 1950's and 1960's, trust fund reserves had covered the fluctuations in cash flows caused by cyclical unemployment.
Relationship between the retirement, disability, and unemployment ... by Price, Daniel N. / Social Security Bulletin
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