Quotes & Sayings About Full Employment

There is no reason inherent in the real resources available to us why we cannot move rapidly within the next two or three years to a state of genuine full employment. — William Vickrey

I think the team that successfully puts together an economic and social policy framework for global full employment in decent working conditions based on local development, that would command the support of all stakeholders and all international organizations concerned, should be awarded the [Nobel] prize. I am sure they would get it not just for economics, but also for peace in the world. — Juan Somavia

The idea of the "job" as the answer to all woes, individual and social, is one of the most pernicious myths of modern society. It is promoted by politicians, parents, newspaper moralists and leaders of industry, on the left and on the right: paradise, they say, is "full employment. — Tom Hodgkinson

All social workers want is to get everyone involved in a programme. Because a programme provides full employment for three generations of social workers. And they mess up. — David Eddings

Two-point-seven percent unemployment equates to
everybody who wants to work is working. It equates to full employment. — Betty Williams

While people will submit to suffering which may hit anyone, they will not so easily submit to suffering which is the result of the decision of authority. It may be bad to be just a cog in an impersonal machine; but it is infinitely worse if we can no longer leave it, if we are tied to our place and to the superiors who have been chosen for us. Dissatisfaction of everybody with his lot will inevitably grow with the consciousness that it is the result of deliberate human decision. — Friedrich Hayek

Happiness consists in the full employment of our faculties in some pursuit. — Harriet Martineau

As Prime Minister between 1979 and 1990 I had the opportunity to put these convictions into effect in economic policy -
We intended policy in the 1980s to be directed towards fundamentally different goals from those of most of the post-war ear. We believed that since jobs (in a free society) did not depend on government but upon satisfying customers, there was no point in setting targets for 'full' employment. Instead, government should create the right framework of sound money, low taxes, light regulation and flexible markets (including labour markets) to allow prosperity and employment to grow. — Margaret Thatcher

I'm getting paid to do what I got in trouble for in the 7th grade. I absolutely love what I do and thank my lucky stars for twenty-five years of full-time employment in this business. — Rob Paulsen

Capitalism with near-full employment was an impressive spectacle. But a growth in wealth is not at all the same thing as reducing poverty. A universal paean was raised in praise of growth. Growth was going to solve all problems. No need to bother about poverty. Growth will lift up the bottom and poverty will disappear without any need to pay attention to it. The economists, who should have known better, fell in with the same cry. — Joan Robinson

Often the idea of survival is mentioned in relation to capitalism, as in the phrase 'economic survival' or the thought 'I need to earn money to survive.' However, in our endeavour we hoped to sever survival from economy, striving for a purer form of modernized surviving. Our fight would be a fight for survival and the fighting itself would be our life, not in the sense of employment but in the sense of a full reality with all of the inherent risk, complexity and completion that living implies. — Jacob Wren

The challenge in writing the songs for The Aristocats truly fell on the animators & director of the film. Robert & I wrote the initial songs for the film, just prior to leaving full-time employment at the Walt Disney Studios. Therefore, some of the songs we wrote for The Aristocats were never used. I believe, therefore, the challenge fell upon the makers of the film to select what songs made the final cut. — Richard Sherman

New technology is the true friend of full employment; the indispensable ally of progress; and the surest guarantee of prosperity. — Margaret Thatcher

The 2013/14 storms & floods show the UK needs to invest in a climate resilient, low carbon, food secure, full employment, positive future — Phil Harding

Kalecki thus precisely predicted the economic and political U-turn that occurred with the advent of neoliberalism. Kalecki also argued that fundamental institutional changes, especially regarding wage-setting and other aspects of the employment relationship, would be essential if full employment was to be sustained. — Jim Stanford

Keynes declared capitalism the best system ever devised to achieve a civilized economic society. But he recognized in it two major faults - its failure to provide for full employment and its arbitrary and inequitable distribution of wealth and incomes. — Robert B. Reich

There prevails on a free labor market a tendency toward full employment. — Ludwig Von Mises

Nothing is easier to achieve than full employment, once it is divorced from the goal of full production and taken as an end in itself — Henry Hazlitt

The policy of letting the free market determine the height of wage rates is the only reasonable and successful full-employment policy. — Ludwig Von Mises

Are deviations from full employment a social problem? Obviously. — Janet Yellen

When we lose our waged jobs we are not freed from work! We are supposed to go on doing the work of reproducing labour power and to make the labour market function by looking for waged jobs. Part of our effort must be to make these dynamics clear so that we can struggle for what we really want, which is a secure income and less work-for-capital so that we have more time to re-craft our lives. Thus, instead of demanding "full employment" and strenuously searching for new jobs, we can demand less restrictive and more unemployment compensation or even "citizen wages" independent of jobs. — Harry Cleaver

I conceive, therefore, that a somewhat comprehensive socialisation of investment will prove the means of securing an approximation to full employment. — John Maynard Keynes

After the war people said, 'If you can plan for war, why can't you plan for peace?' When I was 17, I had a letter from the government saying, 'Dear Mr. Benn, will you turn up when you're 17 1/2? We'll give you free food, free clothes, free training, free accommodation, and two shillings, ten pence a day to just kill Germans.' People said, well, if you can have full employment to kill people, why in God's name couldn't you have full employment and good schools, good hospitals, good houses? — Tony Benn

When husbands work fifty or more hours per week, wives with children are 44 percent more likely to quit their jobs than wives with children whose husbands work less.11 Many of these mothers are those with the highest levels of education. A 2007 survey of Harvard Business School alumni found that while men's rates of full-time employment never fell below 91 percent, only 81 percent of women who graduated in the early 2000s and 49 percent of women who graduated in the early 1990s were working full-time.12 — Sheryl Sandberg

Comics creators are generally screwed in life: Most of us who are fortunate enough to do comics full time - which is very few of us - will literally draw until we die because we have no employment structures intact for retirement, much less insurance! — Nate Powell

The Community was dull. It was nice and it was quiet, if you lived in the right places, and there was full employment and nobody was starving and everybody was happy. It was no wonder people wanted to leave. — Dave Hutchinson

Full employment does not mean literally no unemployment; that is to say, it does not mean that every man and woman in the country who is fit and free for work is employed productively every day of his or her working life ... Full employment means that unemployment is reduced to short intervals of standing by, with the certainty that very soon one will be wanted in one's old job again or will be wanted in a new job that is within one's powers. — William Beveridge

Only a small rich fringe hates Social Security for disincentivizing 80-year-olds from seeking full-time employment. — Alex Pareene

If borrowing and spending all this money led to more jobs than we would be at full employment already. — Paul Ryan

Full employment - very full employment; long, weary, back-breaking employment - is characteristic of precisely the nations that are most retarded industrially. — Henry Hazlitt

The job numbers are positive. We've had more jobs created now than were lost during the recession. We're seeing that the creation, we're seeing those numbers not only grow but shift toward the private sector and shift toward full-time employment and these are all signs that the recovery is taking some hold but we're not out of woods. — Stephen Harper

In the Great Society, work shall be an outlet for mans interests and desires. Each individual shall have full opportunity to use his capacities in employment which satisfies personally and contributes generally to the quality of the Nations life. — Lyndon B. Johnson

Whoever will cultivate their own mind will find full employment. Every virtue does not only require great care in the planting, but as much daily solicitude in cherishing as exotic fruits and flowers; the vices and passions (which I am afraid are the natural product of the soil) demand perpetual weeding. Add to this the search after knowledge ... and the longest life is too short. — Mary Wortley Montagu

The challenge for us is to make the gospel the center of our lives not just on Sunday mornings but on Monday mornings. This means ending distinctions between "full-timers," "part-timers," and people with secular employment in our team and leadership structures. We need non-full-time leaders who can model whole-life, gospel-centered, missional living. It means thinking of our workplaces, homes, and neighborhoods as the location of mission. We need to plan and pray for gospel relationships. This means creating church cultures in which we see normal, celebrating day-to-day gospel living in the secular world and discussions of how we can use our daily routines for the gospel. — Tim Chester

It may seem strange, but Congress has never developed a set of goals for guiding Federal Reserve policy. In founding the System, Congress spoke about the country's need for "an elastic currency." Since then, Congress has passed the Full Employment Act, declaring its general intention to promote "maximum employment, production, and purchasing power." But it has never directly counseled the Federal Reserve. — Wright Patman

It is no great feat for an economy to create a large number of very-low-wage jobs. Slavery, after all, was a full employment system. — Robert B. Reich

We've never had a decline in house prices on a nationwide basis. So, what I think what is more likely is that house prices will slow, maybe stabilize, might slow consumption spending a bit. I don't think it's going to drive the economy too far from its full employment path, though. — Ben Bernanke

I'm willing to fight for Social Security, Medicare, student loans, U.S. jobs, equal pay, progressive taxation and full employment. — Alan Grayson

Work is a vehicle with which man chases some fleeting destination called a full tummy. — Mokokoma Mokhonoana

There is no inherent mechanism in our present system which can with certainty prevent competitive sectional bargaining for wages from setting up a vicious spiral of rising prices under full employment. — William Beveridge

Full employment is a socially hazardous goal. In effect, it aspires to restore through political expedients the pre-industrial state of toil that science, engineering, technology and modern management are pledged to overcome. — Louis O. Kelso

It had been held that the economic system, any capitalist system, found its equilibrium at full employment. Left to itself, it was thus that it came to rest. Idle men and idle plant were an aberration, a wholly temporary failing. Keynes showed that the modern economy could as well find its equilibrium with continuing, serious unemployment. Its perfectly normal tendency was to what economists have since come to call an underemployment equilibrium. — John Kenneth Galbraith

The information superhighways will have the same effect as our present superhighways or motorways. They will cancel out the landscape, lay waste to the territory and abolish real distances. What is merely physical and geographical in the case of our motorways will assume its full dimensions in the electronic field with the abolition of mental distances and the absolute shrinkage of time. All short circuits (and the establishment of this planetary hyper-space is tantamount to one immense short circuit) produce electric shocks. What we see emerging here is no longer merely territorial desert, but social desert, employment desert, the body itself being laid waste by the very concentration of information. A kind of Big Crunch, contemporaneous with the Big Bang of the financial markets and the information networks. We are merely at the dawning of the process, but the waste and the wastelands are already growing much faster than the computerization process itself. — Jean Baudrillard

If shackling former prisoners with a lifetime of debt and authorizing discrimination against them in employment, housing, education, and public benefits is not enough to send the message that they are not wanted and not even considered full citizens, then stripping voting rights from those labeled criminals surely gets the point across. — Michelle Alexander

We are the only species on this planet without full employment. — Paul Hawken

The idea that full employment without property ownership will solve the world's problems is utter nonsense. The Keynesian concept that the function of capital is merely to amplify labor, not independently produce wealth is simply blindness. — Louis O. Kelso

We cannot hope to achieve full employment and sustain it until we have mastered inflation. — Denis Healey

The best prices are not the highest prices, but the prices that encourage the largest volume of production and the largest volume of sales. The best wage rates for labor are not the highest wage rates, but the wage rates that permit full production, full employment and the largest sustained payrolls. The best profits, from the standpoint not only of industry but of labor, are not the lowest profits, but the profits that encourage most people to become employers or to provide more employment than before. — Henry Hazlitt

The full employment situation reinforces itself. — Jared Bernstein

For he had plenty of money and nothing to do, and Satan is proverbially fond of providing employment for full and idle hands. The poor fellow had temptations enough from without and from within, but he withstood them pretty well, for much as he valued liberty, he valued good faith and confidence more, — Louisa May Alcott

We've forgotten much. How to struggle, how to rise to dizzy heights and sink to unparalleled depths. We no longer aspire to anything. Even the finer shades of despair are lost to us. We've ceased to be runners. We plod from structure to conveyance to employment and back again. We live within the boundaries that science has determined for us. The measuring stick is short and sweet. The full gamut of life is a brief, shadowy continuum that runs from gray to more gray. The rainbow is bleached. We hardly know how to doubt anymore. ("The Thing") — Richard Matheson

Thus, after all, the actual rates of aggregate saving and spending do not depend on Precaution, Foresight, Calculation, Improvement, Independence, Enterprise, Pride or Avarice. Virtue and vice play no part. It all depends on how far the rate of interest is favourable to investment, after taking account of the marginal efficiency of capital. No, this is an overstatement. If the rate of interest were so governed as to maintain continuous full employment, virtue would resume her sway;
the rate of capital accumulation would depend on the weakness of the propensity to consume. Thus, once again, the tribute that classical economists pay to her is due to their concealed assumption that the rate of interest always is so governed. — John Maynard Keynes

We need love, and to ensure love, we need to have full employment, and we need social justice. We need gender equity. We need freedom from hunger. These are our most fundamental needs as social creatures. — David Suzuki

I define genuine full employment as a situation where there are at least as many job openings as there are persons seeking employment, probably calling for a rate of unemployment, as currently measured, of between 1 and 2 percent. — William Vickrey

Giving tax incentives for more labor ownership of company stock will do more to create jobs and increase productivity than all the "emergency full employment" bills proposed. — Jack Kemp

As long as there are no routes back to full employment except that of somehow restoring business confidence, he pointed out, business lobbies in effect have veto power over government actions: propose doing anything they dislike, such as raising taxes or enhancing workers' bargaining power, and they can issue dire warnings that this will reduce confidence and plunge the nation into depression. But let monetary and fiscal policy be deployed to fight unemployment, and suddenly business confidence becomes less necessary, and the need to cater to capitalists' concern is much reduced. — Paul Krugman

Abolition is not some disstant future but something we create in every moment when we say no to the traps of empire and yes to the nourishing possibilities dreamed of and practiced by our ancestors and friends. Every time we insist on accessible and affirming health care, safe and quality education, meaningful and secure employment, loving and healing relationships, and being our full and whole selves, we are doing abolition. Abolition is about breaking down things that oppress and building up things that nourish. Abolition is the practice of transformation in the here and now and the ever after. — Eric A. Stanley

Will capitalist economies operate at full employment in the absence of routine intervention? Certainly not. Do policy makers have the knowledge and ability to improve macroeconomic outcomes rather than make matters worse? Yes. — Janet Yellen

If you continue to use monetary policy to attempt to promote full employment the result would be that you would have higher inflation, and that you would not have lower unemployment. — Milton Friedman

I ended up with enough equipment to bring full employment to a vale of sherpas - — Bill Bryson

Capital, and the question of who owns it and therefore reaps the benefit of its productiveness, is an extremely important issue that is complementary to the issue of full employment ... I see these as twin pillars of our economy: Full employment of our labor resources and widespread ownership of our capital resources. Such twin pillars would go a long way in providing a firm underlying support for future economic growth that would be equitably shared. — Hubert H. Humphrey