By level of employment one understands the numerical relationship from work-active to unemployed persons within a society.

High level of employment as a goal of the economic policy

A high level of employment is

• a part stability and growth law from the year 1967
• is a "“corner"” of the uneasy square

The goal of the high level of employment justifies itself

• in personal aspects (psychological and personal disadvantages by unemployment),
• in political aspects (level of employment is success indicator of an economic policy),
• in economic aspects (high costs of unemployment, loss at tax receipts etc.)
• as well as in social aspects (indirect effects on the society);
• in addition, by injury of socio-political goals like "“liberty clearance of the particular"”, "“social justice"”, "“social peace"”, "“social security"” and "“promotion of the prosperity"”).

See also

• Unemployment

Articles in category "Level of employment"

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