Seasonal unemployment refers to joblessness that is expected at certain times of the year due to predictable and recurring variations in demand for labor. It commonly impacts industries like tourism, agriculture, and retail.
Seasonal unemployment is a type of unemployment that occurs predictably and regularly based on the calendar year, typically due to changes in weather, holidays, and other seasonal events that affect the demand for labor in certain industries.
Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.