Definition: Cyclical unemployment occurs when the unemployment rate moves in the opposite direction as the GDP growth rate. So when GDP growth is small (or negative) unemployment is high.
Terms related to Cyclical Unemployment:
About.Com Resources on Cyclical Unemployment:- Would 0% Unemployment Be a Good Thing?
- Types of Unemployment
- Globalization, Unemployment and Recessions. What is the Link?
Journal Articles on Cyclical Unemployment:
