Showing posts with label Unemployment. Show all posts
Showing posts with label Unemployment. Show all posts

Wednesday, 20 June 2012

Business Notes: Key Term–Cyclical Unemployment

Standard

Cyclical unemployment is unemployment resulting from an economic downturn or recession in the business cycle.

- Esjae x


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Business Notes: Key Term–Structural Unemployment

Standard

Structural unemployment is long term unemployment resulting from change in demand, supply or technology in the economy, which produces a fundamental decline in an industry.

- Esjae x


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Business Notes: Key Term–Unemployment

Standard

Unemployment is the number of jobless people who want to work, are available to work, and are actively seeking employment.

- Esjae x


Twitter: http://twitter.com/esjaeofficial
Blog: http://esjaeofficial.blogspot.com/
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