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The Economic Cost Of Unemployment And Underemployment

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  • Yetley, Mervin J.

Abstract

Both underemployed and unemployed workers involuntarily forgo personal earnings. Those forgone earnings are viewed as a cost to the national economy. For nearly all workers, lost earnings from underemployment are larger than for unemployment. Rural workers lose relatively more earnings to underemployment than do urban workers. The procedure used to estimate the magnitude of lost earnings is described in this report.

Suggested Citation

  • Yetley, Mervin J., 1989. "The Economic Cost Of Unemployment And Underemployment," Staff Reports 278192, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uerssr:278192
    DOI: 10.22004/ag.econ.278192
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    References listed on IDEAS

    as
    1. Mark Drabenstott & Lynn Gibson & Mark Henry, 1986. "A changing rural America," Economic Review, Federal Reserve Bank of Kansas City, vol. 71(Jul), pages 23-41.
    2. Clifford Clogg, 1982. "Cohort Analysis of Recent Trends in Labor Force Participation," Demography, Springer;Population Association of America (PAA), vol. 19(4), pages 459-479, November.
    3. Clifford Clogg & Teresa Sullivan & Jan Mutchler, 1986. "Measuring underemployment and inequality in the work force," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 18(4), pages 375-393, November.
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    Keywords

    Labor and Human Capital;

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