Underemployment is a measure of employment and labor utilization in the economy that looks at how well the labor force is being utilized.
| Term of the Day | Words to Know | | | | Underemployment | Underemployment is a measure of employment and labor utilization in the economy that looks at how well the labor force is being utilized in terms of skills, experience, and availability to work. People who are classified as underemployed include those workers who are highly skilled but working in low paying or low skill jobs, and part-time workers who would prefer to be full-time. This is different from unemployment in that the person is working but not at their full capability. | Read More » | Related to "Underemployment" | | Civilian Labor Force | Civilian labor force is a term used by the Bureau of Labor Statistics to refer to Americans whom it considers either employed or unemployed. | Read More » | | Human Capital | Human capital is an intangible asset or quality not listed on a company's balance sheet. It can be classified as the economic value of a worker's experience and skills. | Read More » | | Unemployment | Unemployment is the term for when a person who is actively seeking a job is unable to find work. | Read More » | | Discouraged Worker | A discouraged worker is someone who is eligible for employment and can work, but is currently unemployed and has not attempted to find employment. | Read More » | | | | | CONNECT WITH INVESTOPEDIA | | | | | |
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