| 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. |
| 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. |
| The Council AGREES that at the current juncture, it is of particular importance to avoid that cyclical unemployment becomes entrenched. |
| While some types of unemployment may occur regardless of the condition of the economy, cyclical unemployment occurs when growth stagnates. |
| First, there is a profound difference between structural and cyclical unemployment among youth. |
| It uses contemporaneous measures of both the cyclical unemployment rate measure and of inflation. |
