Underemployed

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Underemployed

The group of persons with part time jobs who are willing and able to work full time. Underemployment is most common during difficult economic times, when job growth is stagnant or declining. Underemployed persons are bringing in an income, but it may not be sufficient to pay their bills and usually is not enough to support the lifestyle they were living when they were employed full time. For this reason, the underemployment rate is sometimes called the "real" unemployment rate. See also: U6.
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References in periodicals archive ?
Dr John Philpott, director of The Jobs Economist, said: "As expected, the number of under-employed workers fell by 116,000 in the year to Q2 2014 but the figure remains staggeringly high, marking the sixth successive year in which the under-employment rate has been above 9.5%.
In an essay for Project Syndicate, Nobel laureate and Yale professor Robert Shiller urges tackling unemployment and under-employment, suggesting that stimulus spending, education and political courage are all needed to boost innovation.
The charity has blamed rising living costs, low pay, under-employment and problems with welfare for the record numbers living on the breadline.
The most common concern among bankers surveyed was "under-employment and/or unemployment" (41%) while 22% cited "increasing consumer indebtedness."
The first time in 1978 when the youth under-employment was recorded in the country, it was 3.1 per cent.
The challenges include an unemployment rate of 7 per cent, and under-employment of nearly 20 per cent.
Alison Taylor, Director of Turn2us, said: Our research shows that the stranglehold on pay, under-employment and the climbing cost of living all show no signs of easing and any economic improvements are failing to reach the UK''s poorest people.
He said: "If they also reflected those who are under-employment either by not getting enough hours to earn a decent living or whose skills or qualifications are being under utilised, these queues would be substantially longer."
"There's also a hidden thing were there's a signifi-cant rise in under-employment.
In contrast to his under-employment with Allardyce (right), Chamakh has started both games under new Crystal Palace boss Tony Pulis, playing behind main striker Cameron Jerome.
MIDLAND jobseekers have been warned that 'poorly paid, insecure contracts' could permanently scar the labour market as many swap the dole for 'working poverty.' Record levels of under-employment and the longest real wage squeeze in over a century have left job quality close to a 20-year low, despite the recent rise in employment, according to the TUC's job quality index published today.