The word 'underemployment' is a correct and usable word in written English.
It refers to a situation where a person is working below their qualifications, skills, or potential, or when they are employed in a job that does not meet their financial or career aspirations. Example: Many recent college graduates are struggling with underemployment, as they are forced to take on low-paying jobs that do not require a degree.
Unemployment, underemployment, and falling living standards have been pervasive features of north economic life for decades, and it these three issues that the Tories will be judged on yet again in the polls next year.
But a wider measure of underemployment fell to its lowest for more than six and a half years.
Brusuelas expects the jobs growth to continue into 2015, but pointed out that long-term underemployment and unemployment remain a challenge.
This is quite a bit higher than the overall underemployment rate in those states, which is less than 15%.
Meanwhile, with participation steady and broader measures of underemployment dropping, the economy is fast closing in on full employment.
Not only has unemployment fallen rapidly, broader measures of underemployment which include the unemployed who have given up looking for work have fallen even further.
Were these individuals to be included, America would have lost 76,000 jobs.A truer picture of the catastrophic damage to the American worker is provided by the underemployment rate (the unemployed plus those able to find only part-time work), which Gallup estimated to be 18.0% in July.
There is considerable underemployment in farming, for example.
Those who fail to finish today are therefore more likely than ever to have done so due in part to problems directly and indirectly related to both poor health and underemployment.
With the average work week and average hourly earnings falling, and the underemployment rate rising to 16.2%, there is not much to cheer about.Investors are likely to be disappointed, given that the run of data in recent days had appeared to ease fears of recession.
- Black recent college graduates in science, technology, engineering and mathematics (STEM) majors have fared somewhat better, but still suffer from high unemployment and underemployment rates.
