full employment

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. 2014.

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  • 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 in a Free Society — (1944) is a book by William Beveridge, author of the Beveridge Report.OverviewThe book begins with the thesis that because individual employers are not capable of creating full employment, it must be the responsibility of the state. Full… …   Wikipedia

  • Full employment theorem — In computer science and mathematics, the term full employment theorem has been used to refer to a theorem showing that no algorithm can optimally perform a particular task done by some class of professionals. For example, the full employment… …   Wikipedia

  • Full Employment Act — The Full Employment Act may mean:* The Employment Act of 1946. * The Full Employment and Balanced Growth Act of 1978 …   Wikipedia

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

  • Full Employment and Balance Growth Act of 1978 — ( Humphrey Hawkins Act) Federal legislation that, among other things, specifies the primary objectives of U.S. economic policy maximum employment, stable prices, and moderate long term interest rates. Bloomberg Financial Dictionary …   Financial and business terms

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

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