Underemployment: The Real Jobs Crisis: Monthly Latino Employment Report (December 2012)
December 7, 2012 nclr 1335 other publications
Although the national unemployment rate has held steady at 8% in recent months, it has masked the full picture of the nation’s jobs crisis. Today millions of Americans are underemployed, a term used to describe people who are employed but would like more work, are not in the labor force but want and are available to work, or are unemployed, meaning they are actively seeking employment but cannot find a job. While the number of underemployed people has steadily decreased over the past year, data show that underemployment is more concentrated among Latino and Black workers, resulting in less stability for the populations hit hardest by the Great Recession.
Although the national unemployment rate has held steady at 8% in recent months, it has masked the full picture of the nation’s jobs crisis. Today millions of Americans are und...
