Why do countries pursue the macroeconomic goal of full employment?

Answers

Answer 1

full employment ensures that citizens who want to work can find jobs

Answer 2

Lessens disparity and shields people who are jobless from relative poverty which is the reason countries pursue the macroeconomic goal of full employment.

Why Full Employment is impossible?

True full employment is neither desirable nor feasible, according to mainstream economics, which is widely accepted. Due to fundamental changes in the economy, including those brought on by outsourcing and automation, the market can't provide enough jobs to satisfy everyone's needs.

This prevents relative poverty among the unemployed and reduces inequality. In the long run, higher growth will be encouraged by full employment as it will boost consumer and corporate confidence. Poverty, stress, and societal issues are all greatly influenced by unemployment.

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