This is assuming that more opportunities are being created in certain roles... Unfortunately there aren't being more house representatives, senators, etc. Professorships are increasingly rare. While you can argue that, roundaboutly, boomer executives and boomer equity owners (e.g. partners in law offices) can invest in more companies that will create new executive rooms and new partnership positions, the reality is we are actually seeing more and more corporate mergers which means less positions for upwards mobility.
Which is the objective we seek, full employment regardless of productivity concerns or productive allocations of finite resources?
I'd suggest that productive allocations increase our living standards, which is the goal of employment itself. Full employment for the sake of employment trends towards make-work, drudgery, high costs and low quality.
