Underemployment

Both unemployment and underemployment are two major issues facing the US economy. Underemployment alludes to the workers that are highly qualified and talented, but work in low skill jobs, or workers that would like to work full time, but only work part time. According to the Washington Post, 1 in 13 minimum wage workers have a college degree. College graduates that work in occupations in the fast-food industry, or in any other minimum wage sales jobs that aren't working at their full capability…

According to Amadeo, underemployment is when operatives ' position doesn’t utilize all their proficiencies, edification, or availability for employment. There are two categories of underemployment: visible and invisible. (Amadeo, K., 2016) Visible underemployment consists of workers which are employed less hours than is characteristic in their discipline; they are enthusiastic and capable of working additional hours, however they are unable to obtain permanent employment. (Amadeo, K., 2016)…

post-secondary education after obtaining a degree. They returned to school to receive another certificate or diploma. This poses the question of why students are returning to school; is it due to career advancement, a change in career choice, or underemployment and unemployment. There is a high percentage of student that graduated from university with a degree that often end up working underemployed or unemployed. Some of these students end up working in a well paying job that only required a…

work that fits their degrees. Instead many of these graduates end up either underemployed or unemployed. An article by Monica Gabor named New College Degree in Hand: Now What explains the troubles of these graduates. Her article states that “The underemployment rate for new college graduates has risen substantially since 2000, with a growing number of graduates accepting jobs that are part time or low paying jobs or both. Steadily…

people that are doing jobs that are not skilled.” She does note that the country is on a good path on bringing jobs back but she emphasizes that underemployment is an issue that the American workforce is facing.…

it comes to jobs. A fact that's sometimes hidden by their raw unemployment numbers, which aren't very far off from the national average. What they face is some pretty serious underemployment. Underemployment is when someone works a job for which they're overqualified. So, how bad is it? Recent college grad underemployment is around 43%. If you're a recent college grad that can't find a job in your field, what are your options? One you might have overlooked is a staffing agency. If so, keep…

The Recession of December 2007 ended in June 2009. Unemployment rates and underemployment rates both had gone up. Coinciding the unemployment rates and the underemployment rates was the falling income and the growth of poverty. Jobs were unavailable to the people and the shortage went out of hand. The decline in the stock market was another cause of this Great Recession. Gradually the recession grew. It started with the bursting of an 8 trillion dollar housing bubble. Consumer spending…

workers accruing work-related injuries. Additionally, there is significant difference between youth and adult unemployment rates. A review of sources shows that there is a constant pattern of high rates of unemployment in youth compared to adults. Underemployment has also been identified as a major issue; there is underutilization of skills and labor in youth thereby leading to erosion. This is partly due to involuntary part-time employment for young job aspirants. It is important to note…

A College Degree is not worth the Debt The opportunity to earn a college degree is not worth incurring student loan debt. Students should consider applying for scholarships or grants to cover their education. To earn a college degree is not worth being in debt because incomes are decreasing tremendously, tuition rates are continuously rising, and not all children of degreed parents will go to college. One reason a college degree is not worth incurring debt is because some students may not have…

There are 7.125 billion people in this world and more than 3 billion of these people live in poverty (“11 Facts About Global Poverty”). Poverty leads to hunger, disease, and death, and because of poverty, many people are forced to live in poor living conditions and sometimes on the street. Poverty is the result of economic issues and affects many lives. The biggest problem that my generation is going to face in the future is the economy. The weakening economy will be my generations largest…