full employment

UK / US noun [uncountable] economics
an economic situation in which everyone who is available for work has a job

English dictionary. 2014.

Look at other dictionaries:

  • full employment — ➔ employment …   Financial and business terms

  • Full employment — In macroeconomics, full employment is when all people looking for employment can find a job. The majority of mainstream economists believe that the unemployment rate is greater than 0% when there is full employment, corresponding to the technical …   Wikipedia

  • Full Employment — A situation in which all available labor resources are being used in the most economically efficient way. Full employment embodies the highest amount of skilled and unskilled labor that could be employed within an economy at any given time. The… …   Investment dictionary

  • full employment —   the level at which all those of legal age who wish to work are actually employed, with the exception of the frictionally unemployed. A standard benchmark for full employment is 5% or less unemployed though this is hotly debated …   Geography glossary

  • full employment — noun A policy goal state in which all those wanting employment at the prevailing wages can find it …   Wiktionary

  • full employment — condition that exists when all who want to work can find jobs …   English contemporary dictionary

  • full employment — The state in which all the economic resources of a country (and more specifically, its labour force) are fully utilized …   Big dictionary of business and management

  • full employment — /fʊl ɛmˈplɔɪmənt/ (say fool em ploymuhnt) noun a state of the economy that exists when the total demand for labour equals the total supply, that is, the number of unemployed equals the number of job vacancies …   Australian English dictionary

  • full employment — /fυl ɪm plɔɪmənt/ noun a situation where all the people who can work have jobs …   Marketing dictionary in english

  • full employment — /fυl ɪm plɔɪmənt/ noun a situation where all the people who can work have jobs …   Dictionary of banking and finance

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.