Management 13th Edition by John Schermerhorn,Daniel Bachrach

Exercise 18

MAKE DATA YOUR FRIEND
Underemployment is much lower among college graduates than for those with just high school diplomas.
Underemployment Affects Almost One Fifth of U.S. Workers

T he Gallup organization tracks the percent of the U.S. workforce that is underemployed, meaning either part-time or unemployed people who want full-time work. A recent count showed 18.6% of people over 18 falling into this category. The underemployment figure for recent college graduates is even higher-44%!
Adults aged 18 to 29 are almost twice as likely (31%) to be underemployed as 30-to-49-year-olds (17%) and 50-to-65-year-olds (17%).
Underemployed Americans report spending 36% less than their employed counterparts on average, costing the U.S. economy hundreds of millions of dollars.
Underemployed individuals in the South (42%) and East (40%) are more optimistic about finding full-time employment than those in the West (38%) and Midwest (36%).
YOUR THOUGHTS
Check these facts against the latest data available. Are things getting better or worse for job seekers What are the implications of underemployment for organizations and the people they recruit What are the implications for the economy as a whole Is there anything an organization can do to keep the underemployed high performing, motivated, and loyal Is a high level of underemployment likely to affect the wages of fully employed workers