Write two paragraphs of a minimum of 7 to 8 sentences each regarding your understanding of the phases of the business cycle.

Write two more paragraphs detailing your understanding of outcomes of dips in the cycle such as unemployment. Explain your understanding of the three types of unemployment and what you think is the type most prevalent in our northeast region.

Go to the bureau of labor statistics website and access the latest information regarding the 'employment situation'...write a one paragraph summary and a two paragraph opinion.