HC Deb 30 July 1974 vol 878 c121W
Mr. Ralph Howell

asked the Secretary of State for Employment what ratio of reported vacancies to unemployment constitutes his Department's definition of full employment.

Mr. John Fraser

Full employment is best defined as a situation in which unemployed people can get suitable jobs without undue delay. Ratios of notified vacancies to registered unemployment could not be expected to give an accurate indication of such a situation.