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Underemployment - Wikipedia, the free encyclopedia |
 | | The third definition of "underemployment" describes a polar opposite phenomenon: to some economists, the term refers to "overstaffing" or "hidden unemployment," the practice of businesses or entire economies employing workers who are not fully occupied i.e. |
 | | Cyclical underemployment refers to the tendency for the capacity utilisation rate of firms (and therefore of their demand for labor) to be lower at times of recession and/or depression. |
 | | At such times, underemployment of workers may be tolerated — and indeed may be wise business policy — given the financial cost and the degradation of morale from shedding and then re-hiring staff. |
| en.wikipedia.org /wiki/Underemployment (877 words) |