I want to have a little bit trivia with all of you guys yet I don't know if you have already knew it. Well, I am just sharing some inputs.
What is the difference between unemployment and underemployment?
Unemployment is a situation when a person seeking a job is unable to find one. Underemployment is a situation when a person is working but isn't working at his full capability. For example- working part time, working for less pay, doing a job which requires less skills than the person is capable of doing etc are cases of underemployment.
In Philippines, there are always a job-mismatched. Job-mismatched is under in underemployment where the worker's job is not suitable to his skills and ability. Due to the fact that the difficulty of finding a job is too much high, Filipinos are looking for the substitution or part time work in order to fill his time and earn an income.
See here:
https://www.quora.com/What-is-the-difference-between-unemployment-and-underemploymentPhilippines is not the only country who experience unemployment and even underemployment. Usually, countries that are developing and under develop experienced the same scenario.
I define unemployment as an economic situation where an individual is jobless, suitable for a job and cannot find a work under his field. While underemployment refers to the number of hours that a certain employee works for. Usually, an employee works 8 hours a day, so if you are working less than the normal work hours, I consider that you belongs in underemployed people.
Job mismatch is commonly in every field due to the fact that there are many applicants and there is a limited job vacancies. There are people who want switch to other field than just to stay at their house.
