Under-employment

"Underutilization or inefficient use of a worker's skills, qualifications or experience, or where the worker is unable to work as many hours as he or she is willing to."
(International Labour Organization (ILO), Underemployment, Thesaurus, 2005, visited 2008-07-17)

"Underemployment signals that a local surplus of skills is available for a region. Such a pool of surplus skills allows a more productive matching of firms and workers. Both groups benefit from the relationship. Companies fulfill their skill needs, while skilled workers enjoy more fulfilling and higher paying jobs."
(Workforce Board of the Southern Workforce Investment Area, State of the Workforce, 2005, visited 2011-03-21)