Full employment is a meaningless metric. If 90% of the workforce is working meaningless minimum wage jobs and barely making ends meet, the economy is at "full e

Full employment is a meaningless metric. If 90% of the workforce is working meaningless minimum wage jobs and barely making ends meet, the economy is at "full employment", but that doesn't mean we're doing well. Full unemployment also doesn't take into account the labor participation rate, which has been on a downward trend.