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Cyclical unemployment

A form of unemployment – rises in times of economic recession and falls in times of prosperity. Now shows signs of being able to withstand increased prosperity.

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Related terms

cyclical unemployment
Business services; Human resources

A form of unemployment – rises in times of economic recession and falls in times of prosperity. Now shows signs of being able to withstand increased prosperity.

cyclical unemployment
Economy; Economics

The deviation of unemployment from its natural rate.

cyclical unemployment
Financial services; General Finance

Unemployment caused by a low level of aggregate demand associated with recession in the business cycle.

unemployment
Economy; Economics

The number of people of working age without a job is usually expressed as an unemployment rate, a percentage of the workforce. This rate generally rises and falls in step with the ...

unemployment
Economy; International economics

1. The condition of being unemployed. Types of unemployment include frictional unemployment, structural unemployment, and cyclical unemployment. 2. A measure of the number of ...

unemployment
Economy; Economics

A situation which exists when members of the labor force wish to work at the prevailing wage or salary rates for their skills, but cannot get a job. The concept thus refers to ...

kpi’s
Business services; Human resources

‘Knowledge, Skills and Abilities’ - Key Performance Indicators. Tasks that have been agreed between an employee and line manager/HR with an expectation that they will be completed ...

absolute ratings
Business services; Human resources

A rating method where the rater assigns a specific value on a fixed scale to the behavior or performance of an individual instead of assigning ratings based on comparisons between ...

affirmative action
Business services; Human resources

Carried out on behalf of women and disadvantaged groups and members of such groups are placed in dominant positions.

appraisal
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See Performance planning.

attrition
Business services; Human resources

A term used to describe voluntary and involuntary terminations, deaths, and employee retirements that result in a reduction to the employer's physical workforce.

autocratic leadership
Business services; Human resources

Leader determines policy of the organization, instructs members what to do/make, subjective in approach, aloof and impersonal.

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