The Enterprise and Economic Development Glossary

a resource of the .network library

underemployment::

... a condition that exists when workers earn less than their potential; an inequality between production skills and wages paid by an employer; the mismatch between the skills workers provide on the job and financial compensation. The underemployed are included in labor market surveys (a labor market survey is an assessments of a labor force typically done within a specified radius of an area centerpoint). Enterprise and economic development as well as the underemployed may be served by labor market surveys as they are passed on, for example, in location packages to prospects looking for skilled workers and willing to offering better paying jobs to enticed them.

See job training; trade skills; technical skills; mission of The Network

define underemployment / what is an underemployed work / definition of underemployed

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Wikipedia states that socio-economic development ... is the process of social and economic development in a society (source of quote). See the definition of socioeconomic provided Cambridge University Press/Cambridge Dictionaries Online. Economic development is defined in various ways in About Economic Development.

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