Shame or Pride: Being Underemployed in America in 2009
At the time of publication, America’s unemployment rate stood at 8.3%. That is the highest it has been since 1982, when another severe recession had begun to wind down during the early days of the Reagan administration. At its peak, that recession saw unemployment rise to 10.8%. Our current recession may match or exceed that figure.
There is another important measurement that is often overlooked during a recession, because it is very difficult to quantify. Underemployment represents some arbitrary number of people, who seem to have “fallen off the earth” during hard times. They are hard to count, but they are out there in impressive numbers. These are people who may have exhausted their unemployment benefits; never qualified for them in the first place; or whom have accepted jobs that offer fewer hours and much less pay than they are accustomed to making. Yes, this is the often mentioned laid-off Wall Street broker, who ends up making Frappacino’s at Starbucks or stocking shelves at Walmart for only three days per week. “It helps pay the bills,” he will sheepishly tell you.
The Bureau of Labor Statistics defines “underemployment” as work accepted at less than 35 hours per week by those who would prefer to work additional hours. The number of underemployed people in America, right now, is not as clearly defined (as the unemployed), because the only way to approximate it is by the monthly sample surveys conducted by the US Depatrment of Labor. When factored into the latest unemployment figure (8.3%), the effected population reaches a whopping 13.9%. This means that roughly 5.6% of the entire population is stuck in part-time jobs with fewer hours than they would need to qualify them for health benefits. Obviously, their pay checks also average lower wages, based on the nature of most part-time work and the limited hours made available to them. Therefore, many of our fellow Americans are currently underworked, underpaid and totally unprotected from the economic devastation caused by a catastrophic illness.
The decision to accept underemployment is often a difficult one with many variables to consider – some of them psychological. It is not easy for a former manager, who was recently responsible for a directing a large staff and held accountable for making major decisions, to accept a lesser job in which he or she must now accept being directed and closely supervised as a low-wage earning operative. Perhaps, the job is too physically demanding for one who was a former desk manager. What if the pace is much quicker than he is used to, such as the speed necessary to prepare and serve fast food? There is no guarantee that the brightest investment banker will succeed taking orders at McDonalds.
Of course, there is also the perceived stigma associated with taking a low-wage, part-time job when one was formerly viewed as at the height of his or her professional career. For most, it is perfectly acceptable when a retired person takes a part-time job in corporate security, but when a downsized executive in his or her forties accepts the same position it is an entirely different matter – at least in his or her own mind. Ah…”in his or her own mind.” Do family, good friends and neighbors really perceive individuals, who take a job to make ends meet as losers? Probably not.
Any reasonable person who has ever been unemployed himself/herself or are close to others that have been can empathize with those presently going through our tough times. In this economy, almost everyone is affected by the economic crisis in one way or another. If you are not presently unemployed, you may be concerned about your own job and probably have lost some percentage of your retirement funds. No one seems immune and everyone should appreciate and respect those fighting hard to support their families and survive the downturn. Chances are that if a neighbor recognizes you behind the counter at Target Stores, he or she will be praising you on your ability to do what you have to do, regardless of what someone else may think. The well-adjusted person who takes such a job knows that anyone who may criticize him or her for doing this is really the one with the problem. If the shoe were on the other foot, what might THEY be willing to do?
There are other issues confronting struggling unemployed people when it comes to considering “transitional” work. If I accept a lesser job, when will I have time to seek regular employment? Should I be taking this time to retrain or advance my career through continuing education? What will I tell an interviewer in my professional area I am doing, if I am presently working in a retail job, for example? Will he or she think that my career is headed in the wrong direction?
These are all valid questions and ones that we all may have to deal with in times like these. Fortunately, each has a reasonable answer that is acceptable to most and uniquely “right” for you, the individual. Everyone listens to the news and knows that our economy is causing tough times for many. Everyone also knows that these downturns are cyclical and they all have a beginning and an end. Reasonable people know that in times like these, we all have to do what must do to ride out the storm. Furthermore, intelligent business people are interested in understanding our solutions to the challenges we face and most will view transitional employment for what it really is – the job you take between the career jobs you are best qualified for. Or, the interim job between the great job you may have lost and the great one you eventually will get.
They will be interested in learning, from all of this, whether you are the pampered “prima donna” or someone willing to jump in and get his or her hands dirty doing what needs to be done. Remember, your approach to any challenge is a predictor of your future success on the job. Would you hire the guy who told you he decided to stay home and sponge money off his relatives while waiting out the recession or the guy who took a part time job to help pay the bills?
There is no shame in heroism. If you look around you and seek to protect your family and your possessions from harm, YOU ARE A HERO!!! If you are prepared to clean horse stables or empty dumpsters to put food on the table for your kids, there is no one more admirable than you. If anyone criticizes you for doing these things, you can be sure that the quality people you know are booing him and giving you a standing ovation!
There is another important measurement that is often overlooked during a recession, because it is very difficult to quantify. Underemployment represents some arbitrary number of people, who seem to have “fallen off the earth” during hard times. They are hard to count, but they are out there in impressive numbers. These are people who may have exhausted their unemployment benefits; never qualified for them in the first place; or whom have accepted jobs that offer fewer hours and much less pay than they are accustomed to making. Yes, this is the often mentioned laid-off Wall Street broker, who ends up making Frappacino’s at Starbucks or stocking shelves at Walmart for only three days per week. “It helps pay the bills,” he will sheepishly tell you.
The Bureau of Labor Statistics defines “underemployment” as work accepted at less than 35 hours per week by those who would prefer to work additional hours. The number of underemployed people in America, right now, is not as clearly defined (as the unemployed), because the only way to approximate it is by the monthly sample surveys conducted by the US Depatrment of Labor. When factored into the latest unemployment figure (8.3%), the effected population reaches a whopping 13.9%. This means that roughly 5.6% of the entire population is stuck in part-time jobs with fewer hours than they would need to qualify them for health benefits. Obviously, their pay checks also average lower wages, based on the nature of most part-time work and the limited hours made available to them. Therefore, many of our fellow Americans are currently underworked, underpaid and totally unprotected from the economic devastation caused by a catastrophic illness.
The decision to accept underemployment is often a difficult one with many variables to consider – some of them psychological. It is not easy for a former manager, who was recently responsible for a directing a large staff and held accountable for making major decisions, to accept a lesser job in which he or she must now accept being directed and closely supervised as a low-wage earning operative. Perhaps, the job is too physically demanding for one who was a former desk manager. What if the pace is much quicker than he is used to, such as the speed necessary to prepare and serve fast food? There is no guarantee that the brightest investment banker will succeed taking orders at McDonalds.
Of course, there is also the perceived stigma associated with taking a low-wage, part-time job when one was formerly viewed as at the height of his or her professional career. For most, it is perfectly acceptable when a retired person takes a part-time job in corporate security, but when a downsized executive in his or her forties accepts the same position it is an entirely different matter – at least in his or her own mind. Ah…”in his or her own mind.” Do family, good friends and neighbors really perceive individuals, who take a job to make ends meet as losers? Probably not.
Any reasonable person who has ever been unemployed himself/herself or are close to others that have been can empathize with those presently going through our tough times. In this economy, almost everyone is affected by the economic crisis in one way or another. If you are not presently unemployed, you may be concerned about your own job and probably have lost some percentage of your retirement funds. No one seems immune and everyone should appreciate and respect those fighting hard to support their families and survive the downturn. Chances are that if a neighbor recognizes you behind the counter at Target Stores, he or she will be praising you on your ability to do what you have to do, regardless of what someone else may think. The well-adjusted person who takes such a job knows that anyone who may criticize him or her for doing this is really the one with the problem. If the shoe were on the other foot, what might THEY be willing to do?
There are other issues confronting struggling unemployed people when it comes to considering “transitional” work. If I accept a lesser job, when will I have time to seek regular employment? Should I be taking this time to retrain or advance my career through continuing education? What will I tell an interviewer in my professional area I am doing, if I am presently working in a retail job, for example? Will he or she think that my career is headed in the wrong direction?
These are all valid questions and ones that we all may have to deal with in times like these. Fortunately, each has a reasonable answer that is acceptable to most and uniquely “right” for you, the individual. Everyone listens to the news and knows that our economy is causing tough times for many. Everyone also knows that these downturns are cyclical and they all have a beginning and an end. Reasonable people know that in times like these, we all have to do what must do to ride out the storm. Furthermore, intelligent business people are interested in understanding our solutions to the challenges we face and most will view transitional employment for what it really is – the job you take between the career jobs you are best qualified for. Or, the interim job between the great job you may have lost and the great one you eventually will get.
They will be interested in learning, from all of this, whether you are the pampered “prima donna” or someone willing to jump in and get his or her hands dirty doing what needs to be done. Remember, your approach to any challenge is a predictor of your future success on the job. Would you hire the guy who told you he decided to stay home and sponge money off his relatives while waiting out the recession or the guy who took a part time job to help pay the bills?
There is no shame in heroism. If you look around you and seek to protect your family and your possessions from harm, YOU ARE A HERO!!! If you are prepared to clean horse stables or empty dumpsters to put food on the table for your kids, there is no one more admirable than you. If anyone criticizes you for doing these things, you can be sure that the quality people you know are booing him and giving you a standing ovation!
Labels: underemployed, unemployed
Posted Friday, April 24, 2009
