full employment

1. 1.

   the economic condition when everyone who wishes to work at the going wage rate for their type of labor is employed

   Broadereconomic condition

Questions about full employment

What does full employment mean?

full employment means "the economic condition when everyone who wishes to work at the going wage rate for their type of labor is employed".

Is full employment a common word?

full employment is banded "Rare" — specialist or archaic — most readers will not have met it. The band comes from how often the word appears in a large corpus of everyday English, not from an editor's impression.