The government policy in the employment is very affecting because the policy of the government are does very hard to do so on the employment..
Full employment doesn't mean that there is zero unemployment. Full employment only means that the economy is operating at full employment because there is only structural unemployment, frictional unemployment, and seasonal unemployment. Remaining unemployment is cyclical. Even when an economy is working properly, it will experience frictional, seasonal, and structural unemployment. (gp)
unemployment rates in Saudi Arabia is at 0.02% and poverty rates is at 5%
Wanjoong Kim has written: 'Impacts of exchange rates on employment in three Asian countries' -- subject(s): Foreign exchange rates, Effect of inflation on, Unemployment
Basically calculating unemployment prior to 1940 was estimating and "guessing" based on what facts were at hand. There is no "official" unemployment rate until the 1940s, when unemployment rates began to be based on "after the fact" employment and unemployment rates. In 1940 the WPA began to publish statistics on people employed, people looking for work, and those doing something else, like giving up on looking for work.
Full employment doesn't mean that there is zero unemployment. Full employment only means that the economy is operating at full employment because there is only structural unemployment, frictional unemployment, and seasonal unemployment. Remaining unemployment is cyclical. Even when an economy is working properly, it will experience frictional, seasonal, and structural unemployment. (gp)
Historically, the years with low unemployment rates in the United States include 1953, 1968, and 2000, where the rate dropped below 4%. These periods were characterized by strong economic growth, high levels of employment, and stable labor markets.
unemployment
employment and unemployment
Unemployment is where a person is not employed and is not making money by working. Employment is where a person works and makes money.
Part-time employment is one factor that makes it difficult to determine the unemployment rate. Another factor is discouraged workers, which describes people who can work, but have stopped looking for a job.
Full Employment means state of economy in which all eligible people who want to work can find employment at prevailing wage rates. However, it does not imply 100 percent employment because allowances must be made for frictional unemployment and seasonal factors.Refer to link below.