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Being underemployed may be the new way of doing business in America. It allows companies to hire workers for only the hours they're needed, and to pay them an hourly rate without providing ...
People who are neither employed nor defined as unemployed are not included in the labor force calculation. For example, as of September 2017, the unemployment rate (formally defined as the "U-3" rate) in the United States was 4.2% representing 6.8 million unemployed people.
For example, workers currently not being used to produce goods or services due to legal or social restrictions or because the work is highly seasonal. Underemployment is a significant cause of poverty [citation needed] as pay may be insufficient to meet basic needs.
By PAUL WISEMAN and CHRISTOPHER LEONARD WASHINGTON (AP) -- The job market is even worse than the 9.1 percent unemployment rate suggests. America's 14 million unemployed aren't competing just with ...
More people are underemployed, or "involuntary part-time workers," a factor that started before the current recession in December 2007, according to recent figures from the federal Bureau of Labor ...
The last people are "involuntary part-time" workers, those who are underemployed, such as a computer programmer who is working in a retail store until he can find a permanent job, involuntary stay-at-home mothers who would prefer to work, and graduate and professional school students who are unable to find worthwhile jobs after they graduated ...
Underemployment has been as much a frustrating feature of the recent job market as the nation's high unemployment rate. What makes a worker underemployed? A number of a factors, including the ...
There are many domestic factors affecting the U.S. labor force and employment levels. These include: economic growth; cyclical and structural factors; demographics; education and training; innovation; labor unions; and industry consolidation [2] In addition to macroeconomic and individual firm-related factors, there are individual-related factors that influence the risk of unemployment.