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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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9 November 2009

This day in history:
On 9 November 1989 the Berlin Wall was finally breached by jubilant Berliners , unifying a city that had been divided for over 30 years. The 28-mile (45 km) barrier dividing Germany's capital was built in 1961 to prevent East Berliners fleeing to the West, but as Communism in the Soviet Republic and Eastern Europe began to crumble, pressure mounted on the East German authorities to open the Berlin border. At midnight on 9th November East Germany's Communist rulers gave permission for gates along the Wall to be opened after hundreds of people converged on crossing points. They surged through cheering and shouting and were be met by jubilant West Berliners on the other side. read more

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