which type of unemployment reflects the situation above? Define this unemployment. Question 1Chart 1: unemployment rate from Jan- Dec, 2020> Save5.35.5 OI 54.94.84.84.74.74.74.64.53.93.33.53.2Jan 2020Apr 2020Jul 2020Oct 2020SOURCE. TRADrHOeconO S.COMI DEPARTNENT Or STAmsIcs, MALATIA

1) The type of unemployment stated here is cyclical unemployment.

Answered: which type of unemployment reflects the…

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which type of unemployment reflects the situation above? Define this unemployment.

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which type of unemployment reflects the situation above? Define this unemployment.

Definition Definition State in which an individual is without work, despite actively seeking employment opportunities. The unemployment rate refers to the percentage of the workforce that is currently unemployed. Unemployment is one of the key indicators of the conditions prevailing in an economy. It is therefore considered a barometer that points out the condition of an economy.

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