Every year, as the last crimson leaf falls from the maple tree, a quiet economic shift begins in towns across the northern United States and Canada. The construction crews pack up their jackhammers. The resort staff at lakeside cabins turn off the lights. The agricultural workers harvest the final apple.
Unlike cyclical unemployment (caused by recessions) or frictional unemployment (the brief gap between jobs), seasonal unemployment is both and expected . It is baked into the economic calendar. seasonal unemployment economics definition
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The answer, as always, begins with understanding the definition. This feature is for informational purposes and does not constitute financial or career advice. Every year, as the last crimson leaf falls