Seeking new start, finding steep cost: Workforce investment act leaves many jobless and in debt, By Timothy Williams, August 17, 2014, New York Times: “When the financial crisis crippled the construction industry seven years ago, Joe DeGrella’s contracting company failed, leaving him looking for what he hoped would be the last job he would ever need. He took each step in line with the advice of the federal government: He met with an unemployment counselor who provided him with a list of job titles the Labor Department determined to be in high demand, he picked from among colleges that offered government-certified job-training courses…”
Tag: Underemployment
Underemployment in the US
Part-time work becomes full-time wait for better job, By Catherine Rampell, April 19, 2013, New York Times: “The American economy has generated 30 straight months of job growth. But for millions of people looking for more work and greater income, that improvement provides little solace. In March, 7.6 million Americans who want more hours were stuck in part-time jobs, about the same as a year earlier and three million more than there were when the recession began at the end of 2007. These almost invisible underemployed workers do not count toward the standard jobless rate of 7.6 percent. A broader measure, which includes the involuntary part-timers as well as people who want to work but have stopped looking, stands at 13.8 percent…”
Youth Underemployment – Canada
The real youth jobs crisis: underemployment, By Tavia Grant, October 30, 2012, Globe and Mail: “Youth joblessness tends to garner all the headlines, but the more troubling trend may be the more hidden one: underemployment. A paper to be released Tuesday is urging more examination of the extent of youth underemployment in Canada and more research into the causes that are driving it. ‘Contrary to the highly visible issue of youth unemployment, underemployment is seldom spoken of,’ says a 61-page paper by the Certified General Accountants Association of Canada, which periodically publishes research on various aspects of the Canadian economy…”