The first manager represents the case for cyclical unemployment.

第一个经理象征循环性失业的情况。

American federal government made a lot of efforts to conquer the difficulty of cyclical unemployment and inflation.

美国政府对此做了很多努力，试图解决大规模的周期性失业和通货膨胀问题。

Further, most economists, including those who embrace a demand-side explanation for unemployment, agree that long-term cyclical unemployment can become structural in nature.

此外，大多数经济学家——包括那些支持用需求来解释失业的——认同长期周期性失业本质上能转变为结构性失业。

A new working paper by the IMF argues both. It finds that about 75 percent of unemployment is cyclical, while 25 percent is due to structural factors.

国际货币基金组织发布的一项新的工作报告认为两者都有：75%的失业是周期性的，而25%取决于结构性的因素。

Shifting from Metaphorland to the real world, the cyclical folk scan the unemployment scene and conclude that what's missing is money.

让我们从隐喻地回到现实世界吧。 主张循环性失业的伙计们审视了下失业情形，然后得出结论：我们缺的是钱。