The unemployment rate stands at 10.2%, but what about the Undermployment rate? It’s pretty scary to think about. There’s a lot of job competition out there, especially for those “right out of college” jobs.
“The number would be much higher if we included the mechanical engineers working at 7-Eleven,” says Heidi Shierholz, who studies underemployment at the Economic Policy Institute, a left-leaning Washington think tank.
More over at The WSJ http://online.wsj.com/article/SB125962111284270397.html
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