Question on: JAMB Economics - 2020
The group of unemployed members of a community who are physically handicapped or disable, is generally classified under unemployment as?
A
frictional
B
cyclical
C
residual
D
hidden
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Correct Option: B
Cyclical unemployment is the component of overall unemployment that results directly from cycles of economic upturn and downturn.
Unemployment typically rises during recessions and declines during economic expansions.
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