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Modern Money

Learning the Modern Money system, macroeconomics, aka MMT


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What is Full Employment?

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1What is Full Employment? Empty What is Full Employment? Thu Jan 30, 2020 1:32 pm

Senexx


Admin

WHAT IS FULL EMPLOYMENT?

A situation where any person of legal working age who wants to work is able to obtain employment at a living wage and decent working conditions. This includes but is not limited to new entrants in the labor market, people in “hidden unemployment” who are not normally counted in the official statistics, and individuals who are employed involuntarily in part-time working arrangements or other forms of precarious work.

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