cyclical unemployment

It was seen as a form of cyclical unemployment.

On top of that there is also cyclical unemployment.

We are not attaining potential output, while suffering from cyclical unemployment.

The implementation of the act proved impossible particularly in the industrial north which suffered from cyclical unemployment.

Social control of investment then blocks the cyclical unemployment typical of capitalism.

In other words, cyclical unemployment may generate structural unemployment.

Cyclical unemployment and the secondary family worker.

In demand-based theory, it is possible to abolish cyclical unemployment by increasing the aggregate demand for products and workers.

According to Richard L. Jensen cyclical unemployment was a grave matter primarily until 1935.

Full employment, in macroeconomics, is the level of employment rates when there is no cyclical unemployment.

This differs from Keynesian "cyclical unemployment" that is presumed to arise because of inadequate aggregate demand.

There was opposition from the north to interference from Londoners who wanted to prevent cheaper outdoor relief during a period of cyclical unemployment.

On the other hand, cyclical unemployment, structural unemployment, and classical unemployment are largely involuntary in nature.

The fact that aggregate demand can be raised to deal with this problem suggests that this problem is instead one of cyclical unemployment.

In May a paper, Employment Policy, accepted the Keynesian economic argument of using public expenditure to avoid cyclical unemployment.

While some types of unemployment may occur regardless of the condition of the economy, cyclical unemployment occurs when growth stagnates.

Some associate cyclical unemployment with frictional unemployment because the factors that cause the friction are partially caused by cyclical variables.

This happens with cyclical unemployment, as macroeconomic forces cause microeconomic unemployment which can boomerang back and exacerbate these macroeconomic forces.

They argued that the nature of cyclical unemployment meant that any new workhouse built would be empty for most of the year and thus a waste of money.

Okun's law can be stated as: For every 1% increase in cyclical unemployment (actual unemployment - natural rate of unemployment), GDP will decrease by β%.

Finally, Keynesian macroeconomics points to underemployment equilibrium, where a surplus of labor (i.e., cyclical unemployment) co-exists for a long time with a shortage of aggregate demand.

But Europeans also need to raise the rate of economic growth, he said, which "requires vigorously combating recessionary forces when they arise because cyclical unemployment can harden into structural unemployment."

Full employment does not mean the total absence of any form of unemployment. There will always be some cyclical unemployment, with workers looking to change jobs, young people entering the labour market.

If policy-makers stick to EMU's monetary and fiscal rules the policy stance will be on the tight side, i.e., cyclical unemployment will go up, or at least will not fall.

Sustainable growth is a concept in macroeconomics that signifies GDP at potential (i.e. all that is produced is being consumed and there is no cyclical unemployment) for years to come.