Full employment may be reached even though there is frictional and structural unemployment.

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Full employment refers to a situation where the economy is using all available resources, including labor. Frictional unemployment refers to the temporary unemployment that occurs when workers are in between jobs or transitioning from one job to another. Structural unemployment occurs when there is a mismatch between the skills and qualifications of workers and the demands of the labor market. While these types of unemployment may exist, full employment can still be achieved if there are enough job openings and demand for labor to absorb all available workers, resulting in low or zero cyclical unemployment.

Full Employment May Be Reached Even Though There Is Frictional