Considering what happened with the ratio of people that participate in the labour market, further demand creation could very well pull some of those people in w

Considering what happened with the ratio of people that participate in the labour market, further demand creation could very well pull some of those people in work though. As for Keynes, it is good to remember that he (later on - Keynes in the 20s hadn't reached these insights yet) didn't believe in a natural rate of unemployment (or well, he believed the equilibrium point was determined by a three dimensional equation rather than the two dimensional one that create a single natural rate).