Cyclical Unemployment Rate

A Cyclical Unemployment Rate is a hypothetical unemployment rate due to cyclical unemployment causes.

• AKA: Temporarily Depressed Economic Demand Unemployment Rate.
• Context:
  • It can (typically) be correlated to a low Job Vacancy Rate.
  • …
• Example(s):
  • the December 2013 U.S. Cyclical Unemployment Rate.
  • …
• Counter-Example(s):
  • a Natural Unemployment Rate.
  • a Structural Unemployment Rate.
  • a Labor Participation Rate.
• See: Equilibrium Point, Technological Unemployment, Aggregate Production.

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