Natural Unemployment - the Base of Full Employment

Alina Fleşer
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Alina Fleşer: University of Petroşani, Romania

Annals of the University of Petrosani, Economics, 2007, vol. 7, 161-166

Abstract: The occupation of labor force is the main goal of all economic politics. In this context the paper try to approach the most significant aspects of full employment and natural unemployment. Work is considered to be the active and determining production factor as it anticipates the action’s goal, settles the means to be employed, diminishes the volume and the structure of the goods to be manufactured, characterizes and watches the activity according to the received signals, creatively destroys on behalf of rarity and rationality.

Keywords: unemployed; full employment; natural rate of employment; work place (search for similar items in EconPapers)
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:pet:annals:v:7:y:2006:p:161-166

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