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-underemploymentPhilippines 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.
Unemployment is one of the major things problems in my country now, This became a problem for a decades actually, where every year the percentage
average of jobless people was increased, so with Trustlogics I know this will be the one of the key to lessen the count percentage of unemployed case.