Eric Morath Defines Full Employment

In the article above, Eric Morath gives a nice definition of "full employment," which means the same thing as "the natural level of employment":

Full employment is the term economists use to describe a sweet spot in the economy—a point in a business cycle when unemployment is very low, but not so low that it starts stoking severe wage and price inflation. The Fed’s goal is to keep the economy in that sweet spot for as long as possible.