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What type of unemployment would result if the economies of the United States and China began...

What type of unemployment would result if the economies of the United States and China began to contract and why.

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Answer.)  Unemployment is strongly linked to phases in the business cycle, as the demand for labor is derived from the demand for goods and services. This is known as cyclical unemployment since it is connected to cyclical variations of economic activity. When total unemployment is higher than the natural rate of unemployment there is a cyclical addition to total unemployment caused by relatively low aggregate demand. This unemployment is when workers lose their jobs because of downturns in the business cycle. You can tell when the economy contracts by measuring gross domestic product. If the economy contracts for two quarters or more, it's in a recession.

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