Economists say that the economy is at "full employment" when the

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Full employment occurs when the cyclical unemployment rate is zero, which is the lowest level of unemployment consistent with price stability, and there are jobs available for everyone who wants one. Structural and frictional unemployment are considered natural and unavoidable in every economy. Total unemployment rate being zero is not feasible as there will always be some amount of unemployment due to structural and frictional factors.

Economists Say That the Economy Is at "Full Employment" When