Comment on Why are there no jobs programs anymore?

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eyesaremosaics@lemmy.zip ⁨2⁩ ⁨days⁩ ago

Yeah there is some measure of “full employment” which is actually about 3% unemployment? I don’t get how that makes sense. But it seems to fit with your argument that if unemployment gets too low then workers pick up more bargaining power. So maybe this definition of “full employment” is really the capitalist view of the limit they will accept, so they give it a label to sound like it is some economic principle that needs to be followed

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