Employment Quote by Betty Williams
“Two-point-seven percent unemployment equates to -- everybody who wants to work is working. It equates to full employment.”
About This Quote
Source Speech: Labour Day address, 1975
Full employment means everyone who wants a job is employed; low unemployment signals this.
In simple terms: Low unemployment = full employment.
Aim for policies that create jobs for all.
Themes
Mood
Type
When to use this quote
- government planning
- career counseling
- economic forecasting
Key Concepts
Questions to Reflect On
- How can we ensure job quality, not just quantity?
- What policies best sustain full employment?
Even with low unemployment, underemployment may persist.