[sarcasm]

Your statement was that 5% unemployment represents full-employment. That statement is factually incorrect. The United States has had much lower levels of unemployment for extended periods.

[BushCountry]

Currently the Unemployment Rate is measured completely different from the 50s and 60s. However, I think most ecomonist agree that 4% unemployment is full employment. So, when I stated that under 5% is full employment it might have been a little misleading, however, under 5% is very close to full employment.