During which part of the business cycle will unemployment be highest and during which part will it b

One of the goals of macroeconomic policy is to reduce the severity of business cycles.

During which part of the business cycle will unemployment be highest and during which part will it be lowest?

If the severity of business cycles were reduced, what would be the effect on each of the four types of unemployment and on the unemployment rate as a whole?

Please help me. I am soooo stuck.

During which part of the business cycle will unemployment be highest and during which part will it be lowest..va loan

In a business cycle there are highs and lows. As you would expect, on a high business is booming and the economy is growing. As you might also expect there is high demand for labour so unemployment is low. (Inflation will be high).

Frictional employment may be high, but anyone who is unemployed will be so for only a short period. People are willing to leave one job as they can reasonably expect to be able to pick up another easily. You will have a very large labour turnover.

Cyclical employment will be low as the cycle is at a high point.

Seasonal unemployment will be appropriate to the season. However, as employment opportunities exist with better conditions in the non seasonal sector, ther will be shortages in the seasonal sector..

The opposite applies to the bottom of the cycles.

Sorry, I forgot %26quot;structural unemployment%26quot;. This needs a long %26#039;boom%26#039; to be affected. The economy needs the time to change the structure of the work force. Re training and re educating takes time as does skill acquisition.

During which part of the business cycle will unemployment be highest and during which part will it be lowest..

loan

Highest unemployment while a republican is in the whitehouse.

Lowest unemployment while a democrat is in the whitehouse.