FULL-EMPLOYMENT IN THE INDUSTRIALIZED COUNTRIES

''Full employment'' is here explored in the context of today's profoun dly changed industrialized working environment. Arguing that it encomp asses relative poverty and the quality and income-generating capacity of jobs as well as low unemployment, the author defines it as an equil ibrium that must be made acceptable on both social and economic ground s. Contrasting conditions before and after 1970, he considers patterns of output growth and use of labour that are compatible with full empl oyment, and the existing diversity of employment contracts. Finally, h e focuses on the difficult but unavoidable policy decisions needed for it to be achieved and maintained.