[melsec]

I read once that the term “Full employment” means somewhere 4-5% unemployment. This allows for people who don’t want to work and people who are in the midst of changing places of employment or are undergoing retraining for a different job and also those who are not able to work but do not yet fit into some pensionable pigeon hole!

[itsahoot]

I read once that the term “Full employment” means somewhere 4-5% unemployment.

Do we really believe that they don't know exactly how many Social Security numbers are paying taxes each week/month? Employment stats are propaganda.