Wednesday, May 16, 2012

Mass Underemployment



Hidden behind Massachusetts’s relatively good unemployment rate of 6.8%, economists say underemployment is a big problem. One analysis finds Massachusetts is the worst in the nation, with 8.9% of currently employed people with bachelor degrees or higher now working in jobs at least one educational level below where they should be.

A non-scientific poll of 995 people in Massachusetts confirmed that 40% of workers over 50 years old were not working at their peak capacity.

Don Seiffert, Boston Business Journal, February 24 – March 1, 2012

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