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Economics (AS & A Level) · May / June 2025 · Paper 33 · Question 16

9708Employment/unemployment

What is a definition of hysteresis unemployment?

  1. Apeople who become temporarily unemployed because it takes a short period of time to find a job after they leave school
  2. Bpeople who become unemployed when there is a recession but who will find employment as the economy comes out of recession
  3. Cpeople who become unemployed for a long period of time due to a loss of job skills and work experience while unemployed
  4. Dpeople who become unemployed when established firms close and new firms are created as technology advances

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Correct answer: C. people who become unemployed for a long period of time due to a loss of job skills and work experience while unemployed

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