Employment Act of 1946 - Amendment

Amendment

Unemployment levels remained fairly steady after the passing of the act. After 1970, however, the economy began to fluctuate and unemployment rates rose again. The same fears that motivated the creation of the act in 1946 precipitated an amendment in 1978, entitled the Full Employment and Balanced Growth Act. This act was identical in spirit to the original Full Employment Bill of 1945, providing a guarantee of full employment and economic means to do so.

Read more about this topic:  Employment Act Of 1946

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