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Look up: full-employment

  1. full employment
    [n] - the economic condition when everyone who wishes to work at the going wage-rate for their type of labor is employed
    Found on http://www.webdictionary.co.uk/definitio

  2. full employment
    a goal of the welfare state, entailing the abolition of unemployment, such that the only persons wanting employment and without a job at any point in time would be those in the process of moving between positions, implying a level of unemployment around 2 per cent.
    Found on http://www.polity.co.uk/cbs3/PDF/Glos.pd

  3. full employment
    In economics, a state in which the only unemployment is frictional (referring to people who are temporarily out of work while moving jobs), and when everyone wishing to work is...
    Found on http://www.thehistorychannel.co.uk/site/

  4. Full employment
    In economics, full employment has more than one meaning. To most lay-people, it means zero unemployment. The majority of economists believe the unemployment rate is greater than 0% when there is full employment. They correspond this idea to the Non-Accelerating Inflation Rate of Unemployment (NAIRU). 20th century British economist William Beveridge stated that an unemployment rate of 3% was full employment. Other economists have provided estima...
    Found on http://en.wikipedia.org/wiki/Full_employ

  5. full employment
    (from the article `economic growth`) Growth theorists since World War II have gone further, arguing that it is not enough simply to achieve full employment periodically. Some maintain ... [6 related articles]
    Found on http://www.britannica.com/eb/a-z/f/69

  6. full employment
    A state of the economy in which all persons who want to work can find employment at prevailing rates of pay. Some unemployment, both voluntary and involuntary, is not incompatible with full employment, since allowances must be made for frictional and seasonal factors which are always present to some degree.…
    Found on http://www.oenb.at/dictionary/termini.js

  7. full employment
    A term that is used in many senses. Historically, it was taken to be that level of employment at which no (or minimal) involuntary unemployment exists. Today, many economists believe that with little or no involuntary unemployment, inflation would soon rise sharply. Full employment in the sense of no involuntary unemployment is therefore probably u…
    Found on http://www.oenb.at/dictionary/termini.js

  8. full-time employment
    Normally considered employment between 35-40 hours in a week, but on no account less than 30.…
    Found on http://www.oenb.at/dictionary/termini.js

  9. full-time equivalent employment
    Employment figures are expressed as full-time equivalent employment, a computed statistic representing the number of full-time employees that could have been employed if the reported number of hours worked by part-time employees had been worked by full-time employees. This statistic is calculated by dividing the ``part-time hours paid`` by the stan…
    Found on http://www.oenb.at/dictionary/termini.js

  10. full-time equivalent employment
    full-time equivalent worker (FTE) The equivalent of a full-time worker. For example, two people who each work half time correspond to one FTE.…
    Found on http://www.oenb.at/dictionary/termini.js

  11. full-time equivalent employment
    OeNB annual accounts: staff inclusive of employees on secondment or leave (including maternity and parental leave).…
    Found on http://www.oenb.at/dictionary/termini.js


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24 November 2009

This day in history:
On Sunday, November 24th, 1991, Freddie Mercury died peacefully at his home in London of AIDS related bronchial pneumonia. Freddie was cremated at Kensal Green Cemetery in accordance with his religion. Many stars from the world or music and showbiz attended the service, including friends Elton John and David Bowie. On April 20th, 1992 a tribute concert in Freddie's memory was held at Wembley Stadium. Tickets to the gig sold out in a matter of hours, even before the full list of bands was available. Many of the worlds most famous rock stars took part in it. This concert was later released on DVD and video for all to enjoy, with the proceeds going to the Mercury Phoenix Trust. read more

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