English Dictionary |
FULL EMPLOYMENT
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Dictionary entry overview: What does full employment mean?
• FULL EMPLOYMENT (noun)
The noun FULL EMPLOYMENT has 1 sense:
1. the economic condition when everyone who wishes to work at the going wage rate for their type of labor is employed
Familiarity information: FULL EMPLOYMENT used as a noun is very rare.
Dictionary entry details
Sense 1
Meaning:
The economic condition when everyone who wishes to work at the going wage rate for their type of labor is employed
Classified under:
Nouns denoting stable states of affairs
Hypernyms ("full employment" is a kind of...):
economic condition (the condition of the economy)
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