Dow hits 11,000. Unemployment @ 5.2%. And we still are in the Depression! Damn! This Meth problem is worse than I thought!
Unemployment is now @4.9! (4% is considered full employment)
Plus there is some question if the changes made by the Clinton Admin to calculate the Unemployment rate were as accurate as the previous method. The numbers reported after 1995 are probably underreporting the Unemployment rate due to those Clinton era changes.
That was then. Now, given greater job mobility, I believe 5% unemployed is considered "full employment".