NOUN
- the economic condition when everyone who wishes to work at the going wage rate for their type of labor is employed
How To Use full employment In A Sentence
- In such a model, given some flexibility of prices and money wages, the self-adjusting mechanism would return the economy to full employment after a demand shock that was not too large.
- Some economists think that full employment in Europe is an unattainable goal.
- Abandoning the commitment to full employment would restore autonomy to the centre.
- Abandoning the commitment to full employment would restore autonomy to the centre.
- The government is aiming at full employment.
- Here we cannot examine all the elements of the Banking Act of 1944 and the White Paper on Full Employment but some elements were crucial.
- Full employment still seems light years away.
- The Beveridge report brought the topic of full employment into public prominence.
- For instance, hundreds of thousands of non-British Canadians, who suffered in undeserved idleness during ten depression years, are today enjoying full employment, their labour earnestly courted by the nation at war. Canada and Immigration
- Abandoning the commitment to full employment would restore autonomy to the centre.
