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Cyclical unemployment unemployment caused by the economy's business cycle performance. Hidden unemployment the number of people who are not employed, who would like to work and who have given up looking for work be because of Sa the poor condition of the economy(discouraged workers) uctural unemployment unemployed Seasonal unemployment the number of total unemployed who are unemployed because of seasonal fluctuations in the economy Natural rate of unemployment the unemployment rate which is normal for a country• Cyclical unemployment – unemployment caused by the economy’s business cycle performance. • Hidden unemployment – the number of people who are not employed, who would like to work and who have given up looking for work because of the poor condition of the economy. (discouraged workers) • Structural unemployment – the number of total unemployed who are unemployed because of the mismatch between jobs available and the skills of the unemployed. • Seasonal unemployment – the number of total unemployed who are unemployed because of seasonal fluctuations in the economy. • Natural rate of unemployment – the unemployment rate which is normal for a country
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