ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -Example #1 Farmers working for the yield of these crops would be seasonally unemployed during the other time of the year. That means, when there is an off-season for one crop, the farmers are unemployed as they do not get to work on the field for any other purpose.

Detailed explanation-2: -Seasonal unemployment occurs when people are unemployed at particular times of the year when demand for labour is lower than usual. Seasonal unemployment refers to a temporary window of time where the number of available employment opportunities decreases.

Detailed explanation-3: -An example of cyclical unemployment is when construction workers were laid off during the Great Recession following the financial crisis of 2008. With the housing market struggling, construction of new homes fell dramatically, leading to a rise in cyclical unemployment for construction workers.

Detailed explanation-4: -Seasonal unemployment. Frictional unemployment. Cyclical unemployment. Structural unemployment.