What does cyclical unemployment result from?

Cyclical unemployment occurs due to fluctuations in the economic cycle. Specifically, it arises during periods of economic downturns, where overall demand for goods and services decreases. When businesses face decreased demand, they may reduce production, leading to layoffs and higher unemployment. This type of unemployment is directly tied to the health of the economy; thus, it rises during recessions and falls when the economy is booming.

In contrast, the other options refer to different types of unemployment. Changes in job skills pertain more to structural unemployment, where there's a mismatch between the skills workers possess and the skills needed by employers. Seasonal jobs relate to employment variations tied to specific seasons, indicating seasonal unemployment rather than cyclical. Finally, technological advancements can cause structural unemployment, as workers may need to upskill or reskill due to changes in the job market caused by new technologies.