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Full employment

ru

Translation full employment into russian

full employment
The government aims to achieve full employment by next year.
Правительство стремится достичь полной занятости к следующему году.

Definitions

Full employment refers to a situation in which all available labor resources are being utilized in the most efficient way possible, meaning that nearly all individuals who are willing and able to work at prevailing wage rates are employed. It does not imply zero unemployment, as there will always be some level of frictional unemployment due to people transitioning between jobs.