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full employment

 

Definitions from WordNet

Noun full employment has 1 sense
  1. full employment - the economic condition when everyone who wishes to work at the going wage-rate for their type of labor is employed
    --1 is a kind of
    financial condition, economic condition

Definitions from the Web

Full Employment


Description:

Full employment refers to a macroeconomic situation where everyone who is willing and able to work can find employment. It represents the lowest rate of unemployment within an economy.


Examples:

  • As a noun: Full employment is a crucial economic goal for governments.
  • As an adjective: Achieving and sustaining full employment requires effective policies.
  • As a verb: The government is striving to full-employ the population through various initiatives.
  • As an adverb: Economists argue that the economy is full employing workers to its capacity.

Related Products:

Books on unemployment and economics

Books on policies for full employment

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