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As a general rule,performing a preexisting duty is not consideration.
Cyclical Unemployment
Unemployment attributed to the cyclical trends in the economy, typically increasing during recessions and decreasing during expansions.
Recovery Phase
A stage in the economic cycle where economic activity picks up and GDP starts to rise again after a period of decline or recession.
Prosperity Phase
A stage of the business cycle in which economic activity is growing, leading to higher levels of employment, income, and production.
Recession Phase
is a period of temporary economic decline during which trade and industrial activities are reduced, typically identified by a fall in GDP in two successive quarters.
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