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Underemployment on the rise too
Nationally, the underemployment rate is nearly double the unemployment rate, with latest figures reaching 15 percent. People are considered underemployed if they previously had high-paying jobs and are now working jobs for which they are overqualified, or if they once had full-time jobs and are now working part-time. The recent surge of over-qualified, over-educated applicants are taking jobs from less qualified applicants who would have been top candidates for the jobs just a few months ago.
Original story
Labels: overqualified, underemployment, unemployment rate
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