CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

What is full employment?

Open in App
Solution

Full employment is an economic situation in which all available labor resources are being used in the most efficient way possible.
Full employment embodies the highest amount of skilled and unskilled labor that can be employed within an economy at any given time.

flag
Suggest Corrections
thumbs-up
1
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Changing Structure of Employment
ECONOMICS
Watch in App
Join BYJU'S Learning Program
CrossIcon