Did you land a part-time or full-time job for the holiday season? Those extra paychecks will help to make the season bright. But what about after the New Year?
by Rachel Vilsack In December, Minnesota’s unemployment rate fell to 5.5 percent, its lowest rate since August 2008, and considerably lower than the national average of 7.8 percent. The unemployment rate measures people who are not working, but who are available and actively seeking work. Some workers—like those who are discouraged or those with some … Continue reading Measuring Underemployment
by Amanda Rohrer Anecdote and evidence don’t always seem to agree when it comes to the unemployment rate and the economy. Although Minnesota’s unemployment rate has been declining consistently for the past two years, most people still have stories about friends, family, and neighbors who just can’t get a break. All the published unemployment rate … Continue reading Working Part-Time for Economic Reasons
by Ellie Schriner The unemployment rate is an important measure of economic health; however, it doesn’t tell the whole story. Unemployment rates are produced monthly in each state and for the country as a whole, but these rates can be broken down further to better illustrate the rates for different groups of people. One factor … Continue reading Unemployment and Education
by Teri Fritsma There's unemployment, and then there's underemployment. Unemployment includes people who are out of work and are looking for work. Underemployment includes a much larger group of people--those who don't necessarily fit the strict definition of being unemployed but are also not in the best of economic circumstances. Underemployment includes: Marginally attached workers--people who aren't working and … Continue reading Underemployment in Minnesota
by Teri Fritsma If you're out of work, underemployed, or just looking for ways to tighten the belt, be sure to check out this brand new site: MinnesotaUnemployed.com. Here's what Peggy Byrne, the site's developer (and an unemployed Minnesotan), says about it: "The purpose of this site is to provide easy user-friendly access with direct linkages to information and services … Continue reading Are You an Unemployed Minnesotan? Don’t Miss this New Site!
by Teri Fritsma I guess by now it's old news that the national unemployment rate rose to 8.5% in March (the highest since 1983). But did you know: when you factor in people who are discouraged and have stopped looking for work and people who are working part-time when they'd rather be full-time, we're up to 15.6%.
by Teri Fritsma Lately, we're hearing more stories about people who are moving from high-paying, high-prestige positions to much lower-paying jobs just to keep an income after a layoff. Are you in this boat? You might think that it would be easy to walk into that coffee shop or retail store and get a job. (Who wouldn't want to … Continue reading Transitioning to a lower-paying job
by Teri Fritsma Are you underemployed? You're not alone. According to February's estimates, about 14.8 percent of Americans were categorized as either un- or underemployed. (This definition includes people who are marginally attached to the labor force or are working part-time when they'd rather be working full-time). If this is you (or even if it isn't) … Continue reading Underemployed? Here are 5 ways to spend your extra time.