CFED Assets & Opportunity Scorecard
The total number of unemployed workers, marginally attached workers, workers employed part-time for economic reasons as a percent of the civilian labor force and marginally attached workers, 2011.
The underemployment rate is a broader measure of unemployment and provides a more comprehensive look at the state of the labor market. In addition to unemployed workers looking for jobs, underemployment includes workers who are working part-time but want to be working full-time, and those who are not actively looking for work but who want a job and have looked for work within the past 12 months. This latter group includes “discouraged workers” who have completely given up on searching for a job.
Without sufficient income earned through employment, most families will have difficulty financing basic consumption and paying down debt, let alone saving for the future. Part-time workers also occupy a tenuous position, as part-time workers rarely receive benefits from and are often viewed as expendable by their employers.
Alternative Measures of Labor Underutilization by State, 2011 Annual Averages. Washington, DC: U.S. Department of Labor, Bureau of Labor Statistics, 2012.