HC Deb 21 March 1972 vol 833 c292W
Mr. Sillars

asked the Chancellor of the Exchequer what level of unemployment it is the policy of Her Majesty's Government to recognise as, for all practical purposes, full employment.

Mr. Higgins

There can be no single, simple definition of full employment—it has too many dimensions. What I can say is that the policy of this Government is to reduce the present level of unemployment, by effective regional policies by stimulating demand and output and by containing inflation.