underemployment

(noun)

the condition of having employment for which one is overqualified, or employment that does not meet the desired hours of work and wages desired by the employee

Related Terms

Examples of underemployment in the following topics:

  • Consumption outcomes

    • There is a theoretical possibility of general overproduction or "underemployment equilibrium"
    • One of the possible consequences is that the economy may fluctuate around the underemployment equilibrium.

  • Additional costs that result from waste

    • Unemployment and underemployment (i.e. the wasting of people) provide further examples of the cost of waste.

  • Defining Unemployment

    • It can also cause underemployment where workers take on jobs that are below their skill level.

  • Measuring the Unemployment Rate

    • U6: the individuals described in U5 plus part-time workers who want to work full-time, but cannot due to economic reasons, primarily underemployment.

  • The Status of Women in Mexico

    • Underemployment refers to an employment situation that is insufficient in some important way for the worker, such as holding a part-time job despite desiring full-time work, or being over-qualified for a position.
    • In Mexico, underemployment results largely from over-qualification.

  • Measuring Unemployment

    • U6: U5 + Part-time workers who want to work full-time, but cannot due to economic reasons (underemployment).

  • Trends in Business Owners: Age and Gender

    • Also - the younger generations (i.e. recently graduates) are facing high degrees of underemployment as a result of economic factors.

  • The Demographics of Modern Entrepreneurs

    • ., recent graduates) are facing high levels of underemployment as a result of economic factors.

  • Introduction: What is Sustainability?

    • These expenses consist of the costs of short-term thinking, the problems and costs associated with waste, the spiralling cost of raw materials and resource deficits (resulting from an increasingly affluent and growing population all of whom are competing for the world's finite supply of resources), costs created or exacerbated by poorly designed products and production processes, the costs of climate change (e.g. property damage and crop failure), and the costs of unemployment and underemployment – to name just a few (in 1994, British business consultant John Elkington condensed these areas into three categories and referred to them as the ‘triple bottom line': the financial, environmental and human aspects of business).