Ninjastic
PostEdited versionsQuotes to this post
Post
Topic
Board Tokens (Altcoins)
Re: [ANN] [ICO] TrustLogics : Blockchain For Trusted And Secured Professional Data
by
Elexsis
on 26/06/2018, 01:00:48 UTC
Quote from: Jlimao28 on June 25, 2018, 12:59:27 PM
Quote from: CASTIEL05 on June 25, 2018, 12:44:33 PM
Quote from: Nellayar on June 25, 2018, 12:31:37 PM
I want to have a little bit trivia with all of you guys yet I don't know if you have already knew it. Well, I am just sharing some inputs.

What is the difference between unemployment and underemployment?

Unemployment is a situation when a person seeking a job is unable to find one. Underemployment is a situation when a person is working but isn't working at his full capability. For example- working part time, working for less pay, doing a job which requires less skills than the person is capable of doing etc are cases of underemployment.

In Philippines, there are always a job-mismatched. Job-mismatched is under in underemployment where the worker's job is not suitable to his skills and ability. Due to the fact that the difficulty of finding a job is too much high, Filipinos are looking for the substitution or part time work in order to fill his time and earn an income.

See here: https://www.quora.com/What-is-the-difference-between-unemployment-and-underemployment
Philippines is not the only country who experience unemployment and even underemployment. Usually, countries that are developing and under develop experienced the same scenario.

I define unemployment as an economic situation where an individual is jobless, suitable for a job and cannot find a work under his field. While underemployment refers to the number of hours that a certain employee works for. Usually, an employee works 8 hours a day, so if you are working less than the normal work hours, I consider that you belongs in underemployed people.
Job mismatch is commonly in every field due to the fact that there are many applicants and there is a limited job vacancies. There are people who want switch to other field than just to stay at their house.
TrustLogics should not let underemployment rate goes up. They should not require a substitute work. If they want to cut it, companies should hire an employees that has assurance of a stable work. Another thing, every applicants must be suitable for the job. It must be in the field of the worker because in the current job hiring industry, they just require a four years bachelor course rather than to specify the field that suits to their need.
We cannot actually predict what will happen to our society if this project will not be enough to sustain unemployment rate then we can`t really assure that all jobless people can find a job that is really suited to them and besides it depends on the company who are hiring an employee to work. But as of now this project is one of the solution in order to minimized the unemployment in every country and the underemployment people can work fully time as what a regular job worker does.