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Qualified software engineers, managers, marketers and salespeople in Silicon Valley can rack up dozens of high-paying, high-upside job offers any time they want, while national unemployment and underemployment is sky high
Sep 19, 2025
We're dealing with a crisis of inequality, of joblessness, of underemployment.
We're talking about a prison-industrial complex. We're talking about a war on drugs that's generating unprecedented levels of incarcerated folk. We're talking about dilapidated housing. We're talking about joblessness and underemployment.
A trade unionist - of course I am. First, last, and all the time. How else to strike at the roots of the evils undermining the moral and physical health of women? How else grapple with the complex problems of employment, overemployment, and underemployment alike, resulting in discouraged, undernourished bodies, too tired to resist the onslaughts of disease and crime?
With high underemployment - currently over one million part-time workers in the UK want to work more hours - sanctioning clients who cannot increase their hours seems to be both unworkable and unfair.
As legal slavery passed, we entered into a permanent period of unemployment and underemployment from which we have yet to emerge.
It had been held that the economic system, any capitalist system, found its equilibrium at full employment. Left to itself, it was thus that it came to rest. Idle men and idle plant were an aberration, a wholly temporary failing. Keynes showed that the modern economy could as well find its equilibrium with continuing, serious unemployment. Its perfectly normal tendency was to what economists have since come to call an underemployment equilibrium.
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