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Full employment in the U.S. relates to specific unemployment rate goals set by the government, Jimmy Carter's era was significant in this context, and maintaining low unemployment levels is a challenge subject to economic factors.
Full employment in the United States is defined as an unemployment rate no higher than 3% for persons 20 and older, as specified in the Full Employment and Balanced Growth Act of 1978. The act set goals for the federal government to achieve full employment by certain years, although these goals were not fully met historically due to economic fluctuations.
During Jimmy Carter's time in office, the U.S. was working towards achieving full employment as per the goals of the legislation. The concept of full employment and the challenges of maintaining consistent low unemployment levels are crucial factors influenced by various economic conditions and policies.
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