Cyclical unemployment is a short-term problem. What is its root cause? What is the preferred solution and how can this be accomplished?

ENGR.ECONOMIC ANALYSIS
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Cyclical unemployment is a short-term problem. What is its root cause? What is the preferred solution and how can this be accomplished?

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A person who actively seeks employment but is unable to do so is said to be unemployed. The level of unemployment reflects the state of the economy.

The most popular method of measuring unemployment is the unemployment rate. The number of jobless persons divided by the working population, or people in the labour force, is known as the unemployment rate.

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