cyclical unemployment

American  

noun

1. periodic unemployment caused by fluctuations in the business cycle.

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cyclical unemployment British  

noun

1. unemployment caused by fluctuations in the level of economic activity inherent in trade cycles

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Example Sentences

Cyclical unemployment happens because the economy goes through periodic cycles of booms and busts.

From Salon

In a recession most unemployment is considered cyclical unemployment.

From New York Times

Cyclical unemployment is the result of an economic downturn.

From New York Times

Joblessness that results from a downturn in the business cycle is called cyclical unemployment.

From New York Times

Mario Draghi, delivered remarks on Eurozone unemployment, calling for both improved pro-growth fiscal policies from Eurozone member economies and more monetary stimulus going forward, cautioning that “the risks of ‘doing too little’ – i.e. that cyclical unemployment becomes structural – outweigh those of ‘doing too much’ – that is, excessive upward wage and price pressures”.

From Forbes