Seasonal unemployment is characterized by what?

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Seasonal unemployment is defined as unemployment that occurs at regular intervals throughout the year, typically due to the nature of certain jobs that are dependent on specific seasons or time periods. This type of unemployment is predictable and occurs because certain industries, such as agriculture, tourism, and retail, experience high demand for labor during particular times of the year and significantly less demand during off-peak seasons.

For example, in the agricultural sector, workers are often hired during planting or harvest times and may be laid off once the season ends. Similarly, retail businesses may hire additional staff during the holiday season to accommodate increased customer traffic but let them go after the season concludes. This cyclical pattern of employment and unemployment is a hallmark of seasonal unemployment, distinguishing it from fluctuations caused by economic downturns or other factors.

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