Sceptical about communitarianism and clear-eyed about the trade-offs between income equality and full employment.
It is no surprise to see them stress their desire to foster full employment.
It has no bearing on whether or not the economy returns to full employment.
Macroeconomic regulation that ensures a sufficient level of aggregate demand to lead to full employment.
One--an intriguing, comprehensive plan--has been put forth by the American Institute for Full Employment (www.america- islistening.org).
No potential tradeoff avails allowing the acceptance of rising prices to bring about full employment.
The CBO projection has the economy returning to full employment (defined as 5.5 percent) in 2017.
Even in boom times, there was rarely to never full employment in recent decades.
To reiterate, you are assuming that the macroeconomy has an automatic tendency to full employment.
The authorities could manage a flexible, paper money system so as to help maintain full employment.
When has the world known straight-line peace, prosperity, full employment, zero inflation and continuous growth?
We confidently guarantee that the nation would be back at full employment within 30 days.
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This made full employment 6.1 million jobs more distant than when Obama took office.
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It was the war, not the New Deal, that restored full employment in America.
But the Fed has two key missions: promoting full employment and keeping prices in check.
Believe it or not, we think full employment really stands at about 5.25 or 5.5 percent.
So, to bring the economy back to full employment, the government needs to pursue expansionary policies.
The solution was for governments to provide the demand needed to return to full employment.
As the economy approaches something like full employment, wages can go only one way up.
There is a road to full employment and prosperity, and it is paved with capital investment.
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An equilibrium of full employment, stable prices and adequate domestic savings was never experienced.
For example, stable prices and low inflation are one goal, but so is full employment.
Full employment, the optimal level of jobs in an economy, is usually cited as 5% to 6%.
Full employment had been achieved, which in those days meant that the unemployment rate was below 6%.
The closer you are to full employment, the more likely M increases result in proportional P increases.
It is still about 3 percentage points above what would reasonably be considered normal or full employment.
The assumption was that less than full employment is primarily due to insufficient spending, especially for investment.
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There is no real reason why low inflation would produce unemployment or full employment would create inflation.
Its official role is to give the U.S. a trustworthy currency and (more recently) to promote full employment.
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So, it paid businesses to produce these products, and then all of the sudden you had full employment.
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