Explain how unemployment changes over the business cycle.

“You will submit a Word document that is in proper APA formatting. Your Word document should be properly submitted with citations/references to support your work. Please answer the following questions: Suppose you are an advisor to the Business Cycle Dating Committee. You are asked to

look at macroeconomic data to evaluate whether the economy has entered a recession this year. Which data do you look at? How does the

economy behave at the onset of a recession? Explain how unemployment changes over the business cycle. Why do these changes occur?