full employment
10
4.1
- noun
- /fʊl ɪmˈplɔɪmənt/
- Specialized
:
pleno empleo
- Analysts suggest that the country is approaching full employment as companies hire more workers.
- full employment policy
- full employment legislation
- full employment and price stability
They've got to keep full employment and price stability.
- They've got to keep full employment and price stability.
- OK, we don't want too much inflation, but they added a third mission which was full employment.
- Then what if inflation expectations were to go up once we get to a full employment?
- So that of course is also called the Lawyers Full Employment Act and maybe Consultants Full Employment Act.
Examples
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Aggregate demand should be stimulated until full employment is reached.
Academic text (1990) -
Moreover, economic growth rates in the 1960s were high, and full employment was achieved.
Academic text (1996) -
Yeah, it works toward a full employment economy...
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To bring about full employment, an economy needs government policies specifically designed for the purpose.
Academic text (1996) -
An economy has to support full employment while keeping inflation steady.
-
I'm hopeful that if we defeat the pandemic that we can have the economy back near full employment next year.
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National macroeconomic policies to achieve full employment are less effective, requiring coordinated international policies for global growth.
Academic text (1994) -
However, many congressional liberals complained that the bill's expenditures for jobs and full employment were not enough.
Academic text (2006) -
In addition, state interventions were guided by a commitment to promote full employment and to avoid inflation and balance-of-payments deficits.
Academic text (1996) -
Our experience points to the need for such membership based organizations of the poor if women are to attain their goals of full employment and self-reliance.
Antonyms
How Employed
Surface Forms
Morphology
The meaning 'a situation in which everyone willing and able to work is employed' is transparently built from 'full' (complete) + 'employment' (the state of having jobs), so a B1 learner who knows both words can infer it refers to complete/widespread employment. Although it is an economic term with technical precision, its compositional structure is regular and mirrors equivalent phrases in many languages, making it predictable.
Etymology
Full employment paints a clear picture: full means 'completely filled' and employment means work, so imagine a town or factory where every job is filled and no post is empty. So full employment means 'everyone who wants a job has one'.