Battling Underemployment in Today’s Market
The person who made your latte this morning likely holds a college degree that has nothing to do with being a barista. Nearly 13 percent of 18-29 year-olds can't find work. Even worse, nearly half of all American graduates in 2010 held jobs for which they were overqualified and underpaid. Put simply, they were underemployed. What exactly does it mean to be underemployed and what does that mean for your future?
PayScale's Director of Analytics, Katie Bardaro, spoke to The Daily Circuit on Minnesota Public Radio yesterday about the issue of underemployment in America. Bardaro is joined by Carl Van Horn, professor of public policy and the director of the Center for Workforce Development at Rutgers University. The conversation covered topics ranging from degree choice, skill sets, and the labor market, particularly how they all impact and contribute to underemployment.
Victims of underemployment called in to share their stories, from tales of making more as a server than in an office job, to struggling to pay a mortgage with a job in retail. We highly recommend listening to the entire show for a new understanding on underemployment.
Tell Us What You Think
We want to hear from you. Are you dealing with underemployment? Did listening to The Daily Circuit show open your eyes to this issue? Share your thoughts in the comments.
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