What can happen to unemployment when the economy slows down?

When the economy slows down, unemployment typically rises as businesses face decreased demand for goods and services, leading to layoffs and hiring freezes. Economic downturns can result in companies reducing their workforce to cut costs, which increases the number of job seekers. Additionally, new job creation may slow, further contributing to higher unemployment rates. Overall, a sluggish economy often leads to a more competitive job market, making it harder for individuals to find employment.