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What is meant by full-employment?

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Anonymous

∙ 9y ago
Updated: 4/22/2022

all member of workforce has jobs

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Edward Lakin ∙

Lvl 10
∙ 3y ago
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Why is there unemployment even when the economy is at full-employment?

Because fullemployment doesn't really mean "FULL" employment, It basically means those really looking for a job are employed. At full employment there is roughly 4-6% of unemployment.


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