ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -Also, an individual who is working part-time at an office job but would prefer to instead work full-time is considered underemployed. In both cases, these individuals are underutilized by the economy as they, in theory, can provide a greater benefit to the overall economy.

Detailed explanation-2: -A worker may be considered underemployed if they hold a part-time job instead of a full-time one. 1 It can also occur when a worker is qualified for a more senior position in their field but hold a lower-level job. An example would be someone with a law degree working as a legal clerk or paralegal.

Detailed explanation-3: -In one usage, underemployment describes the employment of workers with high skill levels and postsecondary education who are working in relatively low-skilled, low-wage jobs. For example, someone with a college degree may be tending bar, or working as a factory assembly line worker.

Detailed explanation-4: -What is Underemployment? Underemployment occurs when a person does not work full time or takes a job that does not reflect their actual training and financial needs. That is, their job doesn’t use all their skills and education, or provides less than full time work.

Detailed explanation-5: -Skilled workers in low-paying jobs. Skilled workers in low-skill jobs. Part-time workers preferring full-time hours. Unemployed workers currently looking for work. 10-Nov-2021