Full employment is usually defined as which share of those available to work actually holding jobs?

1. Full employment does not mean that everyone available to work is employed. 2. It is defined as the situation when about 94 to 96 percent of those available to work have jobs. 3. The gap is left for people between jobs and for those entering or re-entering the workforce. 4. A target of exactly one hundred percent would treat every job change as a policy failure. 5. Bands well below 94 percent would accept a level of joblessness that the goal is meant to rule out. _Source: OpenStax Introduction to Business (CC BY 4.0), Ch 1 "Understanding Economic Systems and Business", section 1.4 Macroeconomics: The Big Picture_