| It uses contemporaneous measures of both the cyclical unemployment rate measure and of inflation. |
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| The Council AGREES that at the current juncture, it is of particular importance to avoid that cyclical unemployment becomes entrenched. |
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| It may lower cyclical unemployment, but at the cost of more structural unemployment. |
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| First, there is a profound difference between structural and cyclical unemployment among youth. |
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| There will always be some cyclical unemployment, with workers looking to change jobs, young people entering the labour market. |
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| Unfortunately for workers, productivity gains may take place during times when cyclical unemployment is high. |
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| For instance there are the differences between frictional unemployment versus cyclical unemployment versus structural unemployment. |
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| Moreover, as cyclical unemployment has fallen, wage pressures have begun to emerge in a number of Member States, although in general these remain moderate to date. |
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| When cyclical unemployment is prevailing, the reason is not missing information about vacancies that cannot be filled or a mismatch of skills but a reduction of aggregate demand in the output market and rigid wages. |
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| Notwithstanding the emphasis given to the prevalence of structural unemployment, the Communique nevertheless highlighted the existence of high levels of cyclical unemployment in some OECD countries. |
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| Hiring subsidies may help mop up cyclical unemployment. |
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| While some types of unemployment may occur regardless of the condition of the economy, cyclical unemployment occurs when growth stagnates. |
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| Thus, cyclical unemployment is lower than in the mid-1990's, and the level of unutilized resources in the economy is lower. |
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| Inflationary pressure is currently very slight, and cyclical unemployment is estimated at some 50 000 persons. |
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| During this time, the labour market will improve, but the decline in cyclical unemployment will be relatively slow. |
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| In this way, prolonged cyclical unemployment causes permanent shrinkage of the labour force. |
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| Cyclical unemployment is when workers lose their jobs during economic downturns as measured by Gross Domestic Product, which usually accounts for high unemployment rates. |
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