Definition of Full Employment

Definition: Full employment occurs when everyone in the economy who is willing to work at the current market rate for someone of his skills have jobs. Full employment does not imply that all adults have jobs.

Terms related to Full Employment:

• Structrual Unemployment
• Unemployment Rate
• NAIRU

About.Com Resources on Full Employment:

• Raise Employment by Cutting Job-Killing Taxes
• Monetary Policy and Fiscal Stabilization
• What Governments Should Do

Writing a Term Paper? Here are a few starting points for research on Full Employment:

Journal Articles on Full Employment:

• Price Flexibility and Full Employment
• Why Is the Unemployment Rate So High at Full Employment?
• Social Democracy and Full Employment