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By Douglas C. Maynard

Underemployment:

Psychological, financial, and Social Challenges

Douglas C. Maynard and Daniel C. Feldman, Editors

While joblessness is a signature challenge during periods of financial tension, underemployment —the loss of sufficient, significant work—affects huge numbers of staff even in the course of relative prosperity. traditionally overshadowed through unemployment, the pervasive and critical social challenge of underemployment warrants

larger consciousness from students in various disciplines.

Recognizing underemployment as a chain of comparable phenomena (e.g., fewer hours of labor, terrible pay, jobs for which staff are overqualified), Underemployment: mental, financial, and Social Challenges is the 1st booklet to supply an in-depth exam of the explanations, dynamics, and effects of underemployment and the way the matter can be addressed. specialists from administration, economics, psychology, and sociology current their exact methods to figuring out underemployment by way of idea improvement, empirical findings, and implications for coverage and perform. many of the significant themes coated include:

  • Effects of underemployment on short-run and long-run earnings
  • Underemployment between adolescence, girls, older employees, immigrants, and minorities
  • Effects of underemployment on psychological health and wellbeing and actual health
  • Impact of underemployment on relations, acquaintances, and communities
  • Measurement and monitoring of underemployment over time
  • Effects of underemployment on paintings attitudes and task performance
  • Directions for destiny theoretical and empirical examine on underemployment

A finished examine a such a lot well timed factor, Underemployment: mental, fiscal, and Social Challenges will tell the paintings of researchers, students, managers, and coverage makers facing underemployment concerns for years to come.

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Additional info for Underemployment: Psychological, Economic, and Social Challenges

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2009). , 2009; see Chapter 9, this volume). Skills-Related Underemployment Measurement Issues Skills-related underemployment exists when a worker’s skill set exceeds that required by the job. Measurement is thus complicated by the difficulties associated with both identifying the skills requirements of different jobs and measuring skill levels. As a result, measures of skills-related underemployment are not provided by national statistical agencies as part of their regular data collections. Nevertheless, many attempts have been made by academic researchers to measure this concept, though most are not based on a measure of mismatch in skills.

Reflecting the view that time-related underemployment is essentially a problem of part-time employment, one particular type of time-related underemployment for which data are commonly collected is involuntary part-time employment. org). Inspection of the limited metadata that accompanies these data reveals that definitions vary widely and so, even for this narrow measure, international comparisons are complicated. For example, in Canada and 2 Economic Approaches to Studying Underemployment 19 Sweden, it comprises “persons who could not find a full-time job, would prefer to work more hours and believe full-time work is not available”; for Australia, New Zealand, and the Czech Republic, it comprises all part-time workers who prefer to work more hours; while in the USA the group of interest is restricted to those who cite the specific reason for working less than 35 h as “could only find part-time work” (even though there is a much larger group who cite the reason as “slack work or business conditions”).

2001). Most recent contributions to the labor hoarding literature have used model-based approaches. These studies are mainly interested in the role that utilization of labor and capital plays in explaining variations over time in productivity but, as a byproduct, construct time-varying measures of labor utilization that are intended to be independent of average hours worked. That is, they are assumed to measure 30 R. Wilkins and M. Wooden worker effort, with relatively low levels of effort assumed to be indicative of hoarding behavior.

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