The development of a nationwide computerized job bank listing of all job openings would be most likely to reduce cyclical unemployment.
<h3>
What is seasonal unemployment?</h3>
- When the abilities that people in the economy have to provide and the skills that employers need from employees do not match, structural unemployment results.
<h3>What is frictional unemployment?</h3>
- The time between quitting a job voluntarily and finding another is known as the frictional unemployment period.
<h3>What is natural unemployment?</h3>
- The lowest rate of unemployment brought on by actual or voluntary economic forces is known as natural unemployment, or the natural rate of unemployment.
- The number of persons experiencing natural unemployment indicates those who are jobless as a result of the structure of the labor force, such as those who have been displaced by technology or those who lack the necessary skills to find employment.
<h3>What is cyclical unemployment?</h3>
- The portion of overall unemployment that is specifically caused by cycles of economic expansion and contraction is known as cyclical unemployment.
- Typically, unemployment increases during economic downturns and decreases during boom times.
Therefore, the development of a nationwide computerized job bank listing of all job openings would be most likely to reduce cyclical unemployment.
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B. That is duplicated reach
The answer is E. i might be wrong
