{s} periodical, repeating, recurrent; (about a stock) quickly reacting to market trends,tending to rise quickly when the market rises and fall quickly when the market falls (Economics)
{i} stock whose prices fluctuates quickly according to market trends, stock whose value rises quickly when the market rises and falls quickly when the market falls (Economics)
A cyclical process is one in which a series of events happens again and again in the same order. the cyclical nature of the airline business
recurring in cycles or periods of time in which certain events or phenomena repeat themselves in the same order at the same interval
workers gain and lose jobs according to the boom and bust cycles of the economy For example, the oil workers have lots of work when the price of oil is up; when prices fall, workers are out of work
Short-to-medium term (3-5 years), demand-side economic effects on the business environment Typical cyclical influences are the operation of monetary and fiscal policy, and capacity utilisation
(Economics) unemployment that is directly connected with a nation's economy and output level (unemployment grows in times of slow economic growth and falls in times of rapid growth)
unemployment associated with the cyclical fluctuations in economic growth and particularly domestic demand Downturns in economic growth will cause an increase in unemployment through the labour force expanding at a faster pace than jobs growth As firms encounter weaker trading conditions they are forced to reduce staffing which adds further to the pool of unemployed Typically the cyclical pattern of unemployment growth lags behind the business cycle due to time delays in laying off and hiring labour During downturns, firms tend to wait until various signals point to a definite decline in market conditions before making strategic decisions to layoff labour Conversely emerging from a period of weak market conditions, firms tend to lack confidence in the economic upswing and opt in the short term to increase overtime for existing workers rather than permanently expanding their workforce
Temporary layoff of workers due to downturns in the pace of economic activity [FACS] Unemployment caused by a low level of aggregate demand associated with recession in the business cycle [FRBSF] (see also economics, fiscal policy, unemployment rate)