While there is some consensus around the merits of pursuing full employment, there is no widely agreed definition of what constitutes ‘full’. Nor have we heard much on quite how any given target might be achieved. This briefing sets out some early thoughts on the ‘what’ and ‘how’ of full employment.
It is argued that any full employment target can perhaps best be pursued by identifying those groups that have the most room for employment expansion – including the young, those approaching retirement, single parents, black and minority ethnic individuals and those with ill health or a disability – and focusing policy intervention appropriately. Alongside a macroeconomic policy environment that helps to drive demand, it is suggested that it is important to build on the lessons of the successful policy intervention that has occurred in relation to employment among women in recent decades