full employment meaning

UK /fʊl ɛmˈplɔɪmənt/ US /fʊl ɛmˈplɔɪmənt/ 4 syllables

full employment (noun): the economic condition when everyone who wishes to work at the going wage rate for their type of labor is employed.

Definition of full employment

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

    Type of: economic condition

How to pronounce full employment

full employment is pronounced /fʊl ɛmˈplɔɪmənt/ in British English and /fʊl ɛmˈplɔɪmənt/ in American English. It has 4 syllables.

More about full employment on Wikipedia.