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

Debt would gradually fall through limits set on annual net primary expenditure - spending that excludes one-off revenues, interest or outlays on cyclical unemployment - which the government has under direct control.

From Reuters • Mar. 14, 2023

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

From New York Times • Sep. 3, 2014

Getting cyclical unemployment down quickly is the surest way to prevent that from happening in the United States.

From New York Times • Apr. 9, 2011

"Most of these industries," he wrote, "have been in long-term declines and are characterized by weak financial situations, severe seasonal or cyclical unemployment and wages below the national levels."

From Time Magazine Archive