The actual rate of unemployment's primary trait is its tendency to fluctuate over time.
Unemployment is the state of being capable of working and aggressively looking for job, yet unable to do so. It is crucial to remember that a people must be actively seeking paid employment in the labor force in order to be termed unemployed.
Cycles of unemployed are due to low consumer demand. As prices drop, businesses suffer excessive profit losses. They must let workers go because they don't think sales will increase quickly. It is cyclical since rising unemployment leads consumer demand to decline even further.
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