Ross Garnaut delivered a terrific Keynote Speech to the Jobs & Skills Summit whereby he backed a push toward full employment, as well as genuine high-skilled, high-paid immigration:
Employment keeps people employable
As observed recently in The Conversation, low unemployment creates opportunities for people who long unemployment has made unattractive. Employment makes them employable.
Full employment encourages women who had spent long periods out of the labour force, the infirm and old, the poorly educated, and those with little established engagement with the wage economy.