[ahartman00]

"The boom and bust cycle is a process of economic expansion and contraction that occurs repeatedly. The boom and bust cycle is a key characteristic of capitalist economies and is sometimes synonymous with the business cycle." [1] Somewhat similar is the bullwhip effect[2], although there isnt a long supply chain for labor.

1. https://www.investopedia.com/terms/b/boom-and-bust-cycle.asp 2. https://www.investopedia.com/bullwhip-effect-definition-5499...