Difference between revisions of "Full employment"

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'''Full employment''' is when everyone who seeks a job can obtain one, except for people who are structurally unemployed.  Also, the average [[Real price|price]] level should be stable. 
 
  
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==Full employment in Marxist societies==
 
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The [[Union of Soviet Socialist Republics]], a purported "workers paradise" and [[liberal]] [[leftist]] [[utopia]], officially maintained throughout its existence it had achieved full employment.  Technically, this may be correct, if [[slavery|forced labor]] in [[gulag]]s and other types of [[involuntary servitude]] are considered in tabulating [[employment]] statistics.
 
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==References==
 
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<references/>
 
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[[Category:economics]]
 

Revision as of 18:54, October 17, 2008