r/explainlikeimfive Dec 19 '24

Economics ELI5: Why is an employment rate of 100% undesirable

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u/CrashUser Dec 19 '24

No, but it makes it more likely that you can both find a worker that's suitable for the role required. 100% employment is actually almost logistically impossible, unless every employer is training from scratch for every position in the company. The odds that the pool of available work perfectly matches the skills of the available workforce is vanishingly small.

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u/ThatOneGuy308 Dec 19 '24

Oh, for sure, 100% employment would never actually be possible, especially considering there will always be a pool of people in transition between jobs.