What is Under Employment?
Q. What is Under-employment?- Published on 03 Oct 16a. Too many people for a job
b. Doing work inferior to one’s capacity and qualification
c. Employing less people for a job thus overloading the workers
d. Paying less for a job worth more
ANSWER: Doing work inferior to one’s capacity and qualification
- Underemployment refers to a job that is insufficient in some important way for a worker, relative to a standard, which results in the under-utilization of the worker.
- Examples include holding a part-time job despite desiring full-time work, and over qualification, where the employee has education, experience, or skills beyond the requirements of the job.
- It means under-utilization of labour which is missed by most official (governmental agency) definitions and measurements of unemployment.
- This is an important factor to consider since there is skill development drive going on in India. There must be enough jobs to cater to skilled workforce.