underemployment

Vocabulary Word

Definition

The term 'underemployment' refers to the state of being employed, but in a job that is below one's skills, educational degree, or full-time capacity. It includes overqualified workers as well as part-time workers who desire full-time jobs.

Examples in Different Contexts

A business consultant might observe, 'Our analysis shows a high rate of underemployment in the region, which could be affecting the overall economic growth.'

Practice Scenarios

Business

Scenario:

We're seeing a rise in applicants with degrees but very few suitable job vacancies. It seems our industry is dealing with a labor market problem.

Response:

Absolutely. The underemployment statistics are indicating a visible gap between graduates' qualifications and job opportunities.

Academics

Scenario:

I've noticed that many professors are getting bogged down with paperwork instead of researching. It seems the university administration system needs a revamp.

Response:

Yes, this kind of underemployment is wasteful. Maybe we can hire more administrative staff to free up faculty for research.