full employment
Full employment refers to a state in an economy where every willing and able individual who is seeking employment can find a job, resulting in minimal unemployment.
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Related Concepts (1)
Similar Concepts
- economic equilibrium
- employment
- employment generation
- employment opportunities
- employment positions
- employment security
- equal opportunity employment
- job creation
- job creation and employment
- labor market
- national income and employment
- seasonal unemployment
- underemployment
- unemployment
- unemployment rates