And, IIRC, full employment means a national unemployment rate of 5% or less. We’re below that, so the US is considered to be at full employment.
That's true when the Democrats control the government.
When Republicans run things, anything less than 100% employment is a scandal.
And the word "employment" in that case means something more along the lines of MNJohnnie's “everyone employed in the job of their dreams” concept.
Anything less represents a total failure of America, of Capitalism, and of Western Culture in general.