Unemployment
Remedies

Societies try a number of different measures to get as many people as possible into work, and various societies have experienced close to full employment for extended periods, particularly during the post-World War II economic expansion. The United Kingdom in the 1950s and 1960s averaged 1.6% unemployment, and in Australia, the 1945 White Paper on Full Employment in Australia established a government policy of full employment, which lasted until the 1970s.

However, mainstream economic discussions of full employment since the 1970s suggest that attempts to reduce the level of unemployment below the natural rate of unemployment will fail but result only in less output and more inflation.
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