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单词 full employment
释义 full employment

A situation when every worker available for employment has a job. It is very unlikely that this can ever be achieved, even when there is general excess demand in labour markets. Some forms of unemployment probably cannot be reduced to zero. These include frictional unemployment, where people leaving jobs in declining sectors of the economy have not yet obtained a job in the expanding sectors. They also include search unemployment, where workers are unemployed while looking for jobs whose type, pay, and working conditions match their expectations. If these expectations are unrealistic it may take some time for them to learn from experience that they are aiming too high. There will also be people whose past or present conduct makes it hard for them to obtain or keep jobs. When economists talk of full employment, they normally mean fairly full employment, in which unemployment has been reduced to the categories mentioned here. Many doubt whether even this unemployment level can be sustained if it is below the non-accelerating inflation rate of unemployment (NAIRU).

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更新时间:2025/1/22 18:05:13