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What (who) is full employment - definition
Full employment
STATE OF ECONOMY WITHOUT INVOLUNTARY UNEMPLOYMENT
Total employment; Full Employment; Universal employment; Full employability; Maximum employment
Full employment is a situation in which there is no cyclical or deficient-demand unemployment. Full employment does not entail the disappearance of all unemployment, as other kinds of unemployment, namely structural and frictional, may remain.
Full-employment theorem
A THEOREM IMPLYING THAT NO ALGORITHM CAN OPTIMALLY PERFORM A TASK DONE BY HUMAN S
Full employment theorem
In computer science and mathematics, a full employment theorem is a term used, often humorously, to refer to a theorem which states that no algorithm can optimally perform a particular task done by some class of professionals. The name arises because such a theorem ensures that there is endless scope to keep discovering new techniques to improve the way at least some specific task is done.
Full employment theorem
A THEOREM IMPLYING THAT NO ALGORITHM CAN OPTIMALLY PERFORM A TASK DONE BY HUMAN S
Full employment theorem
In computer science and mathematics, a full employment theorem is a term used, often humorously, to refer to a theorem which states that no algorithm can optimally perform a particular task done by some class of professionals. The name arises because such a theorem ensures that there is endless scope to keep discovering new techniques to improve the way at least some specific task is done.
Examples of use of full employment
1. Globalization poses many unanswered questions like these. · We can‘t determine "full employment.‘‘ Economists call full employment the "natural rate of unemployment" –– the lowest rate consistent with stable inflation.
2. "It is possible to have full employment here as well.
3. At the height of apartheid there was almost full employment!
4. Full employment; strong public services; tackling poverty; international solidarity.
5. "Flexibility is the route to full employment not the alternative.