The term "underemployed" refers to individuals who are working in jobs that do not fully utilize their skills, education, or experience. This can include people who are overqualified for their positions or those who are working part-time when they desire full-time employment. Underemployment can lead to job dissatisfaction and financial instability.
Underemployment is often measured alongside unemployment, but it highlights a different issue in the labor market. Factors contributing to underemployment may include economic downturns, shifts in industry demand, or personal circumstances. Addressing underemployment is important for improving overall job satisfaction and economic health in communities.