Re:9M American men in prime working age can’t find jobs. I’m...
by tjic on Monday December 19, 2016 @11:56AM
(#13212785)
JFC
:(
Re:9M American men in prime working age can’t find jobs. I’m...
by barry-cotter on Monday December 19, 2016 @12:22PM
(#13213050)
Depends. If you never get a job in your field again because of downshifting into unskilled labour it's more of a waste than losing a year to unemployment and job search.
If you want to read more on this look up "search costs"
http://onlinelibrary.wiley.com/doi/10.1111/j.1465-7295.1976....
Re:9M American men in prime working age can’t find jobs. I’m...
by arcanus on Monday December 19, 2016 @11:27AM
(#13212482)
Great point. Better to be employed than not, and of course no job is a perfect fit.
Would be interesting to count one as being only 60% employed, in the example you give. So if you had 100 million people all employed at 60% fit, that's an 'effective' employment of 60 million. Of course, I have no idea how one might measure that.
But I am not an economist, there may be similar (or superior) measures for underemployment.
This is an example of what I'm talking about.
What's more of a waste of your training? To be work in a career field only 60% overlapping with your training, or to be unemployed (with 0% overlap) ?