Definitions
There is 1 meaning of the phrase
Full Employment.
Full Employment - as a noun
The economic condition when everyone who wishes to work at the going wage rate for their type of labor is employed
Example Sentences
"The government aims to achieve full employment by implementing policies that encourage economic growth and job creation."
"During periods of full employment, the unemployment rate is very low, as most people who are seeking jobs are able to find them."
"Some economists argue that achieving and maintaining full employment should be a top priority for policymakers."
"Technological advancements and automation can have both positive and negative effects on full employment."
"A lack of sufficient aggregate demand in the economy can hinder the achievement of full employment."
