Put simply, cyclical unemployment is unemployment associated with business cycles- i.e. recessions and booms.
简单地讲,周期性失业是和经济周期有关的失业,也就是衰退期和繁荣期。
By breaking down the three types of unemployment into cyclical unemployment, frictional unemployment, and structural unemployment, we see that an unemployment rate of 0% is not a positive thing.
在把失业拆分成周期性失业、摩擦性失业和结构性失业之后,我们可以看出来,零失业率并不是一件好事。
Conversely, when an economy's output is lower than the level of potential GDP, resources are utilized at levels lower than normal and cyclical unemployment is positive.
反过来,如果经济体的产出低于潜在GDP,资源的利用效率就会低于正常值,那周期性失业率就会为正。

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