Unemployment is one of the major economics problems. People who are considered unemployed are those who are seeking work or laid off for more then a week. There are many different reasons why a person could be unemployed. Three of those causes are cyclical, structural and seasonal unemployment. The government tries to find solutions in order to reduce unemployment by making up policies. Cyclical unemployment is one of the causes that creates unemployment. When a …showed first 75 words of 753 total…

…showed last 75 words of 753 total…is one of the greatest economic concerns not only in canada but in the world. And it’s caused by many factors 3 of which are cyclical, structural and seasonal unemployment. And it could be reduced by an economic growth, lowering the value of canadian dollar and decreasing interest rates. However , there will never be any economy where 100% of the population are employed the full employment is considered when only 95-98% of the population are working.