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What Full Employment Means

What Full Employment Means

Full employment exists when there is no significant cyclical (demand-deficient) unemployment, so unemployment is at or near its natural rate. The number of job vacancies is broadly consistent with equilibrium in the labour market.

9.3.1 definition of full employment Lesson

  1. Intl A Level
  2. /Economics
  3. /9.3.1 definition of full employment

Step-by-step lessons on CIE Intl A Level Economics 9.3.1 definition of full employment. Each one builds up to exam-style questions.

Lessons