Tags: Gallup | Underemployment | Rise | jobs

Gallup Poll: ‘Underemployment’ Is on the Rise

Monday, 05 Dec 2011 08:08 AM

The number of people who are underemployed — those without full-time work but holding down the fort with part-time jobs — is on the rise, a troubling trend that may be a product of ongoing economic uncertainty, a Gallup poll finds.

Underemployment, a measure that combines the percentage of workers who are unemployed with the percentage working part time but wanting full-time work, hit 18.1 percent in November, up from 17.8 percent a month ago and up from 17.2 percent a year ago.

"This worsening of the underemployment situation is worrisome not just because more Americans are not able to get the full-time jobs they want, but because of what it may imply about employer attitudes," Gallup says in a statement.
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"Economic uncertainty may have many employers hiring part-time instead of full-time workers, and/or temporary workers instead of permanent ones. In turn, this could mean that many of those who had part-time or temporary work in November could see those jobs disappear early next year."

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(Getty Images photo)
Gallup's findings come at the same time as the Bureau of Labor Statistics November jobs report, which showed the unemployment rate fell to 8.6 percent last month from 9 percent in October.

The economy added a net 120,000 nonfarm payrolls that month.

Experts were quick to point out the drop in unemployment was not the product of a heavy surge in hiring but rather, less people looking for work, who aren't counted as part of the labor force.

"Overall, the continued modest employment gains reflect an economy that plods along at an uninspiring pace," says Kathy Bostjancic, director of macroeconomic analysis at The Conference Board, says in a statement, CNBC reports.





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The number of people who are underemployed those without full-time work but holding down the fort with part-time jobs is on the rise, a troubling trend that may be a product of ongoing economic uncertainty, a Gallup poll finds. Underemployment, a measure that combines...
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Monday, 05 Dec 2011 08:08 AM
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