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3 <br /> a <br /> as <br /> ® \,y Underemployment <br /> -it tip' mom- ; m om, <br /> t' For the purpose of this report, underemployment has been <br /> defined in four ways: <br /> n 1. Working part-time involuntarily <br /> 2. Overqualified or overeducated for one's current <br /> employment <br /> 3. Earning wages below market value for one's <br /> . occupation <br /> 4. Earning wages below market value for one's skill <br /> set <br /> Q y Involuntary part-time employment involves individuals who cannot <br /> y ` work full-time due to economic reasons beyond their control. Such <br /> • workers may be unable to find full-time employment that pays a <br /> T,,,,,ik;'1*;1';' 1,r''' ..:"< • required wage. Overqualified/overeducated workers have more <br /> * education, training, or expertise than their current jobs may require. <br /> �3 ` Workers making wages below market value for their occupation or <br /> skill could make a higher wage by transferring to a new job in the <br /> same occupation orretrainingfor a related occupation. <br /> 4ii <br /> Pby p <br /> "' € • ' <br /> r <br /> Only 7% of part-time workers reported working part- <br /> N. time involuntarily due to slack work conditions or <br /> unavailability of full-time work. <br /> N <br /> Respondents cited the following situations as their main reason for <br /> • s -MaN' working part-time. <br /> y�4 • 42 ,%• • 32% prefer part-time over full-time work <br /> • 24% in school or training <br /> '/� ' \. • 13% family obligations other than child care <br /> i 13% retired or social security limits on earnings <br /> • 8% child care problems <br /> , t 7,1 . 5% slack work or business conditions <br /> a • 3% health or medical limitations or restrictions <br /> 4 , • 2% seasonal work <br /> m • 2% part-time work was the only work available <br /> : ,,,,v,:Norf- ,.,7,.'-`,,:::„At'„,+, ,i <br /> v� � <br /> 2001 Labor Force Assessment—Sherburne County14 <br />