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(Economics) a state in which the labour force and other economic resources of a country are utilized to their maximum
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
When all those who desire a job are employed and only frictional unemployment remains.
Dictionary of Unfamiliar Words by Diagram Group Copyright © 2008 by Diagram Visual Information Limited
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|Noun||1.||full employment - the economic condition when everyone who wishes to work at the going wage rate for their type of labor is employed|
economic condition - the condition of the economy
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