full employment Synonyms
No Synonyms and anytonyms found
full employment Meaning
full employment (n)
the economic condition when everyone who wishes to work at the going wage rate for their type of labor is employed
full employment Sentence Examples
- The government implemented policies aimed at achieving full employment, aiming to minimize unemployment and maximize workforce participation.
- Despite economic fluctuations, the country experienced a period of remarkable full employment, with job vacancies outnumbering available workers.
- Full employment is considered an ideal economic condition, maximizing productivity and reducing social inequality.
- The attainment of full employment requires a delicate balance between economic growth, monetary policy, and human capital development.
- Governments may utilize fiscal and monetary stimulus measures to create jobs and stimulate economic activity, fostering full employment.
- Full employment has been linked to increased consumer spending, economic stability, and improved social well-being.
- Some economists argue that full employment may lead to inflationary pressures as employers compete for a limited labor pool.
- Full employment can be challenging to sustain over extended periods due to technological advancements, economic globalization, and changing labor market dynamics.
- Achieving full employment often involves targeted policies to address specific barriers faced by marginalized groups, such as low-skilled workers or those facing discrimination.
- Governments and central banks continuously monitor economic indicators to assess progress towards full employment and adjust policies accordingly.
FAQs About the word full employment
the economic condition when everyone who wishes to work at the going wage rate for their type of labor is employed
No synonyms found.
No antonyms found.
The government implemented policies aimed at achieving full employment, aiming to minimize unemployment and maximize workforce participation.
Despite economic fluctuations, the country experienced a period of remarkable full employment, with job vacancies outnumbering available workers.
Full employment is considered an ideal economic condition, maximizing productivity and reducing social inequality.
The attainment of full employment requires a delicate balance between economic growth, monetary policy, and human capital development.
