Pantheon Macroeconomics - Full employment is a deceptively simple-sounding concept. If everyone who wants a job has one, the economy is at full employment, right? Anything less tends to raise eyebrows among non-economists, whether the people who want a job are formally inside the labor force, or have dropped out but would come back if they thought they could find work.

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23 January 2017 The Fed's Idea of Full Employment is not the Same as Main Street's

By Ian Shepherdson

Full employment is a deceptively simple-sounding concept. If everyone who wants a job has one, the economy is at full employment, right? Anything less tends to raise eyebrows among non-economists, whether the people who want a job are formally inside the labor force, or have dropped out but would come back if they thought they could find work.

Posted: 22nd Jan 2017 in 'U.S. Documents'

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Keywords for: U.S. Documents | 23 January 2017 The Fed's Idea of Full Employment is not the Same as Main Street's

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