maximum employment Archives - Marketplace

What is "maximum employment"?

by Samantha Fields

Jul 29, 2024

And why is there no target number to measure it, as there is with inflation —the Federal Reserve's other mandate?

The Federal Reserve is thought to believe that 4% unemployment equates to its goal of maximum employment. But could the jobless rate go even lower without kicking up inflation? Above, Fed Chair Jerome Powell.

Nathan Howard/Getty Images

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