system
Given the following post, respond as if you're commenting on Reddit:
human
Is full labor capacity possible without runaway inflation?
gpt
Yes, as long as you have an accurate definition of "full labor capacity." Because there will always be some people between jobs, and some people with outdated skills, even in a tight labor market, "full employment" will always carry a positive unemployment rate. Full employment was probably achieved right before the pandemic. 

In order to get an unemployment rate of zero, something would have to happen to cause workers to immediately choose any job available and to cause all employers to immediately choose any worker available. That's a somewhat apocalyptic scenario.