full employment
condition that exists when all who want to work can find jobs | ||||
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Full employment definition was found in categories: Language, Idioms & Slang(1) Society & Culture(1) Encyclopedia(1)
Full employment Definition from Language, Idioms & Slang Dictionaries & Glossaries
| WordNet 2.0 |
full employment
Noun
1. the economic condition when everyone who wishes to work at the going wage-rate for their type of labor is employed
(hypernym) financial condition, economic condition
Noun
1. the economic condition when everyone who wishes to work at the going wage-rate for their type of labor is employed
(hypernym) financial condition, economic condition
Full employment Definition from Society & Culture Dictionaries & Glossaries
| Social Work in Canada |
Full employment
anyone who wants to work should have an opportunity to do so, at a job that matches that person's skills and provides a "decent" standard of living. The government committed to intervene in the economy to create jobs and control job losses. This resulted from recognition that government could affect unemployment by directly generating economic activity or assisting the private sector.
anyone who wants to work should have an opportunity to do so, at a job that matches that person's skills and provides a "decent" standard of living. The government committed to intervene in the economy to create jobs and control job losses. This resulted from recognition that government could affect unemployment by directly generating economic activity or assisting the private sector.
Full employment Definition from Encyclopedia Dictionaries & Glossaries
| Wikipedia English - The Free Encyclopedia |
Full employment
In economics, full employment has more than one meaning. To most lay-people, it means zero unemployment. The majority of economists believe the unemployment rate is greater than 0% when there is full employment. They correspond this idea to the Non-Accelerating Inflation Rate of Unemployment (NAIRU).
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