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full employment

British  

noun

  1. a state in which the labour force and other economic resources of a country are utilized to their maximum

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

full employment Cultural  
  1. The condition that exists when all who want work can find jobs. Because some individuals will always be between jobs, full employment does not mean that one hundred percent of the workforce is employed. Rather, it is customarily defined as ninety-six percent of the total potential workforce.


Example Sentences

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See Examples For:

The latest unemployment rate, at 4.1%, virtually matches the Fed’s 4.2% estimate of full employment.

From The Wall Street Journal ● Aug. 25, 2026

"The government is talking about AI, re-skilling, digital skills, but in reality, it is difficult to adapt human resources to digital skills because the top priority is to maintain full employment," he says.

From BBC ● Aug. 12, 2026

According to supporters, Greenspan’s theories about full employment, rising incomes and only moderate inflation helped make life better for millions of Americans who hadn’t fully shared in previous bursts of economic prosperity.

From Los Angeles Times ● Jun. 22, 2026

For full employment, it means looking at unemployment’s deviation from estimates of the natural rate of unemployment.

From MarketWatch ● Jun. 19, 2026

Thus glided on the third winter in quiet and security; but in full employment, and with so much to do and to attend to, that it passed very rapidly.

From The Settlers in Canada by Frederick Marryat

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