Gatchalian said yesterday there is an urgent need for government to focus on resolving jobs-skills mismatch if it wants to address underemployment
in the country.
Senator Joel Villanueva on Thursday underscored the need to strengthen the K-12 curriculum to address the issue of jobs-skills mismatch and underemployment
in the country.
The number of those who are employed but are seeking more work hours have also decreased as seen in the lowering of the underemployment
rate to 13.5 percent in April 2019 from 17 percent last year.
According to a disaggregation of unemployment and underemployment
statistics earlier released by National Bureau of Statistics (NBS) Rivers has 1,673,991 unemployed people, Akwa Ibom- 1,357,754, Kano- 1,257,130, Lagos- 1,088,352 and Kaduna -940,480.
has been called the "new normal" for millions of American workers.
The unemployment rate and underemployment
rate also slowed to 5.2 percent and 15.6 percent, respectively.
The survey report highlights 10 major risks to doing business including failing of national governance, unmanageable inflation, unemployment and underemployment
, cyber attacks, failure of critical infrastructure, failure of finance mechanism and institutions and large scale involuntary migration from rural to urban areas and illegal immigration to foreign countries in search of better living.
The latest Detailed Tabulation be g an capturing these people as "Persons in time-related underemployment
" if they fit the following four conditions:
class="MsoNormalEMPLOYMENT class="MsoNormalAs Kenya's young adult unemployment rate stands at 26 per cent according to the International Labour Organisation (ILO), many younger graduates from our colleges and universities will face both unemployment and underemployment
. class="MsoNormalUnderemployment entails an individual conducting some economic activities or employment, but not making full use of their skills and abilities or not enough paying work.
In this note, we argue that a considerable part of the explanation for the benign wage growth in the advanced world is the rise in underemployment
. In the years after 2008 the unemployment rate understates labour market slack.
is a topic of concern for economists, labor sociologists, psychologists, and management researchers (McKee-Ryan and Harvey, 2011).