The National Unemployment rate is at a 17-year low according to The Bureau of Labor Statistics, but this doesn’t paint the whole picture. Many employed workers have jobs that offer less than full-time hours or a job that doesn’t adequately meet the qualifications the employee possesses such as training and education.
This is referred to as “underemployment” and many people across a variety of demographics are affected. College grads, highly skilled foreign workers whose credentials don’t translate, trade workers, and the disabled are a few examples of the underemployed and according to the Bureau of Labor Statistics there isn’t yet a way to quantify its effect on the economy directly. So we don’t really know how many people, though employed, aren’t meeting their professional potential.
What do you do when you’re underworked and undervalued?
Tip 1: Apply for Jobs Within ±2 Years of Your Experience
Don’t be intimidated by the job description. If you’re within ±2 years of required experience, hiring managers will often consider you “close enough.” Be flexible and remember that you don’t necessarily have to fit the job post 100%.
Tip 2: Tough it out while you look elsewhere
We found that people who weren’t currently employed took a hit — they were 149% less hireable. Keep your current job regardless of your hours or the type of work while you look for something more fitting. Take advantage of having a position right now and look while you work.
Our data also shows that toughing it out for at least 18 months improves your hireability by 18%!
Tip 3: Start Freelancing!
Regardless of why you’re underemployed, freelancing can help bring you to the next level. Not only does freelancing provide flexibility in hours and style of work but freelancing jobs and gigs provide the experience you many need to attain your ideal job. For example, if you’re working a part-time in a different industry, freelancing on the side keeps your foot in the door of where you want to be while maintaining your skills and community presence.
Are you currently working a less than ideal job or gig? For $10/month we can automatically find the best jobs and pre-fill job applications for you based on your desired role, location and years of experience. In addition, you’ll get our Interview Guarantee — if we can’t get you an interview within 60 days, we’ll refund everything back to you, guaranteed. (90% of job-seekers using TalentWorks get an interview in 60 days or less).