On February 17th, Gallup released a chart
tracking underemployment from January 2010 to February 15th
2012. Gallup calculates underemployment
by combining the percent of workers who are unemployed with the percent of
workers who are employed at part-time jobs but who have a desire to work
full-time. While this number has dropped
from the 20.3% recorded this time two years ago to 19.0% in mid-February 2012,
the measure is up significantly from the mid-January figure of 18.0%. Gallup notes that seasonal factors tend to
increase both unemployment and underemployment at this time of year; however,
the research organization noted that “underemployment measures show a sharp
deterioration in job market conditions since mid-January.” This increase in underemployment is also
consistent with the drop off in Gallup’s Job Creation Index from +16 in January
to +13 in mid-February.
About TeachingwithData.org
TeachingWithData.org is a partnership between the Inter-university Consortium for Political and Social Research (ICPSR) and the Social Science Data Analysis Network (SSDAN), both at the University of Michigan. The project is funded by NSF Award 0840642, George Alter (ICPSR), PI and William Frey (SSDAN), co-PI.
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