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Rightemployment Vs Underemployment Economic Analysis

Last reviewed: March 14, 2024 ~3 min read
Abstract

This annotated bibliography examines the economic concepts of rightemployment and underemployment, analyzing their definitions, implications, and policy solutions. The research explores labor market terminology through multiple perspectives, including studies from Nigeria, South Africa, and the United States. Key findings highlight the importance of optimal job-skill alignment and the broader economic and public health impacts of employment mismatches.

underemployment, overemployment, unemployment, rightemployment, overqualification and overeducation is appropriate for an economy. Global Journal of HUMAN-SOCIAL SCIENCE: E Economics, 21(4).

This study provides a critical examination of various labor market conditions, including underemployment and unemployment, from an economic perspective. Abomaye-Nimenibo and Samuel dissect the implications of each condition for both individuals and the broader economy. The authors essentially conduct a terminological study within the behavioral sciences, particularly Economics, Management, Psychology, and Sociology, to clarify commonly used but often divergently defined terms such as underemployment, overemployment, unemployment, overqualification, and overeducation. The authors argue that among these, unemployment poses the most severe threat to a nation due to its far-reaching economic, social, and political consequences, including an increase in crimes and youth robbery. The study further posits that \\\\\\\'rightemployment,\\\\\\\' a term they define as the optimal alignment of job roles with individual qualifications and skills, represents a viable solution to the challenges of unemployment in Nigeria and beyond. Through their analysis, Abomaye-Nimenibo and Samuel contribute to a deeper understanding of labor market terminologies and advocate for policy interventions aimed at achieving rightemployment to mitigate unemployment\\\\\\\'s adverse effects. Their expertise and focused examination on this subject matter offer valuable insights into addressing labor market inefficiencies and their societal impacts. They advocate for the term \\\\\\\"rightemployment\\\\\\\" to describe the ideal labor market condition where individuals\\\\\\\' skills and jobs are perfectly matched. The authors, both economists with extensive experience (Abomaye-Nimenibo is also a Past. Prof.) in labor market research, argue that addressing underemployment and unemployment requires a nuanced understanding of labor market dynamics and targeted policy interventions. Their expertise gives adequate credibility to their analysis and recommendations for achieving better employment outcomes.

The case of a higher education institution in South Africa. Economies, 9(4), 196.

Meyer and Mncayi investigate underemployment among young graduates in South Africa, focusing on the mismatch between their qualifications and the jobs they secure. Using survey data from a higher education institution\\\\\\\'s alumni, the study identifies significant factors contributing to underemployment, including age, race, and field of study. The authors\\\\\\\' analysis reveals the pervasive nature of underemployment among young South African graduates and its implications for economic development and social equity. Both authors are associated with reputable South African universities, with Meyer based at the University of Johannesburg and Mncayi at North-West University. Their academic positions and research focus make them authorities on the topic of graduate underemployment in the South African context.

Pratap, P., Dickson, A., Love, M., Zanoni, J., Donato, C., Flynn, M. A., & Schulte, P. A. (2021).

Public health impacts of underemployment and unemployment in the United States: Exploring perceptions, gaps and opportunities. International journal of environmental research and public health, 18(19), 10021.

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References
1 sources cited in this paper
    • Abomaye-Nimenibo, P. P., & Samuel, W. A. (2021). Which of these economics jargons-underemployment, overemployment, unemployment, rightemployment, overqualification and overeducation is appropriate for an economy. Global Journal of HUMAN-SOCIAL SCIENCE: E Economics, 21(4).
    • Meyer, D. F., & Mncayi, P. (2021). An analysis of underemployment among young graduates: The case of a higher education institution in South Africa. Economies, 9(4), 196.
    • Pratap, P., Dickson, A., Love, M., Zanoni, J., Donato, C., Flynn, M. A., & Schulte, P. A. (2021). Public health impacts of underemployment and unemployment in the United States: Exploring perceptions, gaps and opportunities. International Journal of Environmental Research and Public Health, 18(19), 10021.
Cite This Paper
PaperDue. (2024). Rightemployment Vs Underemployment Economic Analysis. PaperDue. https://www.paperdue.com/essay/rightemployment-vs-underemployment-economic-analysis-annotated-bibliography-2182152

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