Underemployed Report Spending 36% Less Than Employed

http://www.gallup.com/poll/125960/Underemployed-Report-Spending-Less-Employed.aspx


February 23, 2010
Underemployed Report Spending 36% Less Than Employed
Gallup's new daily metric estimates that 30 million U.S. workers were underemployed in January
by Jenny Marlar

WASHINGTON, D.C. -- Gallup's daily measure of U.S. employment reveals that 19.9% of the U.S. workforce was underemployed during the month of January, translating to close to 30 million Americans who are working less than their desired capacity. Those who were underemployed reported spending 36% less than those who were employed, $48 per day versus $75 per day.

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Gallup data spotlight the stressors faced by 30 million underemployed Americans. Underemployed Americans report spending 36% less than their employed counterparts on average, potentially costing the U.S. economy hundreds of millions of dollars as underemployment continues to remain high. Compared with employed respondents, underemployed respondents also report greater difficulty in affording basic necessities, have lower levels of access to healthcare, have less satisfaction with their financial resources, and evaluate their lives less favorably.