full employment
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full employment
n
(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
full employment
When all those who desire a job are employed and only frictional unemployment remains.
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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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Translations
full employment
n (Econ) → piena occupazioneCollins Italian Dictionary 1st Edition © HarperCollins Publishers 1995