Full employment definition

Full employment means that unemployment equals its natural rate.
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Full employment also means more options and opportunities for workers—including Black, Hispanic workers, Asian American workers, women—who've been left behind in previous economic recoveries when the labor market never tightened up enough.
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Full employment means the highest level of employment which would provide an employment opportunity for every person able and willing to work, which, consistent with other public needs, can be attained during a given period of time by maximizing the investment of public resources toward that end.
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Examples of Full employment in a sentence

  • Full employment shall be defined as a position equal in time to the individual’s position during the year she/he was subject to unrequested leave action.

  • Full employment shall be defined as an assignment equal in time to the individual's assignment during the year the teacher was subject to unrequested leave action.

  • Full employment shall be defined as one-thousand nine- hundred twenty-eight (1,928) hours’ work.

  • Full employment shall be defined as a Road Driver receiving his/her daily guarantee in his/her classification.

  • Full employment costs of positions included in this list will be added back to 2014 EBITDA, and • Renting costs included in 2014 EBITDA related to buildings or floors that are no longer occupied by the end of 2014.

  • Full employment shall be defined as a position equal in time to the individual’s position during the year they were subject to unrequested leave action.

  • Full employment meant an unprecedented period of continuously rising real wages.