I have heard the unemployment rate is really low now. Does this include the underemployment rate?

How many people are working jobs that they are very overqualified for? Many people are graduating from college every year. How long is it taking them to find a decent job? How many people are working %26quot;crappy%26quot; jobs when they deserve a much better job? Are there even enough jobs out there for all these college graduates?

I have heard the unemployment rate is really low now. Does this include the underemployment rate?credit check

Unemployment is gaged not by the number of people actively seeking benefits. Thus the unemployment rate is not reflective of actual unemployment. What we are seeing is not a decrease in unemployment rather a decrease in those on unemployment due to the in increase in restrictions and decrease in the time one is allowed to collect.

I have heard the unemployment rate is really low now. Does this include the underemployment rate? loan

Don%26#039;t believe everything you HEAR; read the statistics.

Most new jobs that have been %26quot;created%26quot; are minimum wage positions...|||There you go, now were talking. See that%26#039;s my issue. I know others with 4 year degrees as well who aren%26#039;t even in their profession. I%26#039;m telling ya.........something is very wrong.

Guess what employment is up for the poverty sticken. It%26#039;s for the ones working minimum wage if that%26#039;s what makes you happy but this type of work doesn%26#039;t apply to college grads.|||I dont know about where you live, but unemployment is up in oklahoma. ( hell i am on unemployment now), but i know how you feel, i always end up in under qualified jobs, but i am older, and it seems that they want younger and younger people for the management market, so i am stuck with people in their mid-twenties being my boss, and i hate it! i went to college, i have a degree, darnit!|||It does not include underenployment, only people who are filing for unemployment. I think the problem is that so many people are graduating from college with degrees like History or Portugese Literature, and there are NO JOBS in their field. Therefore they end up being a night manager at the local Burger King while their buddies with Engineering degrees rake it the cash money.|||That is the problem. We assume that if you have a college degree, that you know how to do something when you actually don%26#039;t know jack.

I make much more than the average college graduate because I know how to do something and have a skill. I have no sympathy for a bunch of pompus weenies that got to party their asses off for 5 years while the rest of us worked and lived in the real world.

They can get the job they think they are over-qualified for and work it for a few years working their way up like the rest of us. Just because you have a degree does not make you over-qualified.|||how about all the people that are here illegally taking the jobs of the legal citizen%26#039;s ,. oh yea that%26#039;s a different issue all together,right,.?|||The unemployment rate does not include underemployed people, people who are working 3 part time jobs with no benefits intead of 1 full time job with benefits, nor does it include people who have been unemployed for more than a certain amount of time (I don%26#039;t know what that is).|||No the underemployed are not included and neither are the people whose unemployment has run out because they can%26#039;t find a job.|||Oh, come on! How do you evaluate something like that? Asking people, %26quot;Are you being paid what you are worth?%26quot; Like you are going to get a good objective answer.

And how do you take into account people with the academic background but who are just lousy employees and consequently working in lesser jobs than their %26quot;credentials%26quot; would suggest they could. Believe me, having a degree does not necessarily make a good employee!

College kids have developed increasingly unrealistic expectations about what is waiting for them when they get out of school. They want what their parents have NOW and don%26#039;t want to %26quot;pay their dues%26quot; before they get it.

Sorry, But I%26#039;m afraid your question is very utopian and not achievable.|||Let me point you to Epstein%26#039;s book Econospinning.

This whole notion of %26quot;all the good jobs are gone and there are lots of jobs but they%26#039;re all at WalMart or McDonald%26#039;s%26quot; is simply made-up by people who opposed the economic policies of lower taxation and less regulation and more free trade that produced the job growth.

Here%26#039;s how they do it. Most of the job growth has been in the SERVICE SECTOR. A lot of people think that means FOOD SERVICE but it doesn%26#039;t. It accounts for about 80% of GDP now and it%26#039;s basically anything other than farming, construction, manufacturing and mining, and about 80% of the growth of that sector has been in technology and healthcare, with another 5-10% the professions, driven by the technology growth (i.e., patent lawyers). And the 5-10% that is in more service-oriented industries includes management. But because most people think %26quot;service sector%26quot; means food service, nannies and lawncare, they buy into the %26quot;McJobs%26quot; myth.

The %26quot;problem%26quot; isn%26#039;t for college grads - actually college and grad school grads are seeing the best pay and best job-finding conditions since the late 1990s, which is a good sign because the Fed was accommodating then and it%26#039;s restrictive now. The gap between what college-educated workers and non-college-educated workers make is growing - I never understood why people thought this unfair since non-college-educated workers get a 4 to 7 year head start and don%26#039;t go $150K into debt. The problem is that while the manufacturing sector is now about level, it%26#039;s not going to replace the jobs that were lost, and so you have some 40-somethings who aren%26#039;t qualified to take the service sector jobs in technology that the Dobbs crowd misrepresents to be barista jobs. At least Reich sorta kinda admits this.

But again, I put %26quot;problem%26quot; in quotes. It%26#039;s not MY problem. Look, after WWII the other industrial countries had been bombed to the stone age, so our manufacturing sector had an artificial and temporary advantage, and labor got most of the benefit of that. And since then most of the heavy lifting has been taken out of the job - it%26#039;s sorting, it%26#039;s monitoring a machine to make sure it%26#039;s performing its function. It%26#039;s skills you learn in Montessori. It%26#039;s just not realistic to expect to be able to raise a family of four on what you can earn spending 37.5 hours a week performing a repetitive task that involves no critical thinking or judgment, and in a country that gives you free education through 12th grade and subsidized state colleges you%26#039;re not entitled to make a high salary using the skillset of a 6th grader.|||Oh so now it is every one else%26#039;s fault you studied the wrong thing in college. Let me tell you something you spoiled little brats are a bunch of spineless wastes of time. Life is not easy you do what there is to do and you find away. No one guarantied you a damn thing. If you can%26#039;t find a job make one. I could care less about your college degree you have no work ethic and you expect things you have not earned.