Employment level

One way of employment to define the numerical ratio of is working people to unemployment within a society . From an economic point of view, however, this falls short as a general definition because it does not take into account the fundamentally independent development of employment and unemployment. In this respect, the goal of employment level should be better understood as a combination of the two components; H. a large number of employed persons combined with low unemployment indicates a high level of employment.

High employment as a goal of economic policy

A high level of employment is the target in the Stability and Growth Act from 1967 and at the same time part of the magic square.

The goal of high employment is justified

• in personal aspects (psychological and personal disadvantages due to unemployment)
• in political aspects (employment level as a success indicator of an economic policy)
• in economic aspects (high costs of unemployment, loss of tax revenue , etc.)
• but also through violation of socio-political goals (such as freedom of the individual, social justice, social peace, social security and promotion of prosperity).

An unemployment rate of up to 2% is viewed as a high level of employment .

See also

• full employment
• unemployment

Individual evidence

1. ^ Full employment - Article in the lexicon of the Federal Agency for Civic Education.