full employment
English
Noun
full employment (uncountable)
- (economics, politics) A policy goal state in which all those wanting employment at the prevailing wages can find it.
- 1979, James H. Gapinski; Charles Edward Rockwood, Abba Ptachya Lerner, Essays in post-Keynesian inflation, page 272:
- ... not at the time recognized that this was a basic departure from the Keynesian view in which both of these full employments were regarded as identical.
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Translations
a policy goal state in which all those wanting employment at the prevailing wages can find it
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