Full employment is synonymous with the natural rate of unemployment.
the verdict
SUPPORTED
the evidence backs this
confidence 75/100
Economic sources and official definitions equate full employment with the natural rate of unemployment (or NAIRU), where cyclical unemployment is zero and structural and frictional unemployment remain.
Evidence for · 4
Wikipedia: Full employment
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Reference article covering this claim directly
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More for · 3
Wikipedia: Natural rate of unemployment
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Reference article covering this claim directly
en.wikipedia.org: Natural rate of unemployment
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Defines the natural rate of unemployment as occurring when an economy is in a steady state of full employment.
bls.gov: Full employment: an assumption within BLS projections
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BLS defines full employment as an economy where unemployment equals the NAIRU (natural rate).