Underemployment: The Hidden Underbelly (Infographic)
2 Min Read By Snag
Snag released its annual State of the Hourly Worker Report, shining light on a record number of employed Americans not making a living wage. Findings reveal 38 percent of workers earning $20 or less an hour consider themselves underemployed and underemployment is most prevalent among restaurant employees over any other industry. (The report defines the underemployed as those who are currently employed hourly or rely on gig work as their primary source of income, but still need more hours to make ends meet.)
Nearly half of restaurant workers (47 percent) consider themselves underemployed.
For the underemployed one job often isn’t enough to cover basic living expenses and they are twice as likely to accumulate debt. The majority (80 percent) of underemployed workers are willing to work multiple jobs to get the hours they need, though 74 percent would prefer to work a single full-time job. More than half (54 percent) of underemployed workers are actively searching for a better…
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