Cyclical Unemployment Results From

question 121

Multiple Choice

Cyclical unemployment results from:

• A)a mismatch of skills.
• B)being in the wrong geographical location.
• C)monetary cost and the time it takes to find the best job.
• D)seasonal decreases in demand for labor.
• E)prolonged declines in business activity.

---

Definitions:

Secure Job

A position of employment perceived to have a low risk of job loss and often includes steady pay and benefits.

Interesting Job

Employment that is perceived as engaging, mentally stimulating, and fulfilling to the individual performing it.

Seniority

The concept of ordering or ranking individuals within a system based on their length of service or tenure in a position.

Basic Needs

Fundamental requirements that serve as the foundation for survival and motivation, often encompassing physiological, safety, love, esteem, and self-actualization needs according to Maslow's hierarchy.