Ironically, technology has also. contributed to many of the problems or situations. that innovation must now attempt to remedy, such. as environmental degradation (including threats. to public safety), depletion of energy and natural. resources, and the greater destructive potential of. warfare.
Full employment is an economics term that refers to the lowest unemployment rate that doesn't cause unstable inflation.There is no magic number for full employment, though; according to The New York Times, most economists estimate that full employment occurs with an unemployment rate between 5 and 6 percent.Other People Are Reading.here is no magic number for full employment, though; according to The New York Times, most economists estimate that full employment occurs with an unemployment rate between 5 and 6 percent. Other People Are Reading.
The first definition of full employment would be the situation where everyone willing to work at the going wage rate is able to get a job. This would imply that unemployment is zero because if you are not willing to work then you should not be counted as unemployed.