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Causes: How Does Underemployment Cause Poverty?

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Manage episode 426662787 series 3575209
Content provided by Brandon Stover | Plato University. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Brandon Stover | Plato University or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

This video explores the concept of underemployment, explaining it as a state where individuals work below their skill level, in part-time roles when seeking full-time, or for wages insufficient to meet their needs. The script identifies underemployment as a significant contributor to poverty, indicating that it leads to lower incomes, reduced job security, and skill atrophy, which exacerbate financial vulnerability and can hinder personal and economic growth. It discusses the importance of addressing underemployment to enhance labor productivity, improve mental health, and ensure economic and social development. Solutions proposed include investing in education and training aligned with labor market needs, encouraging full-time employment through policy, supporting small businesses, and developing platforms to match job seekers with appropriate opportunities. The video concludes by advising students passionate about solving underemployment to study labor market trends, policy evaluation, and entrepreneurship, offering resources through Plato University.

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How to Solve Poverty is a course presented by Plato University.

Enroll in the course for FREE to get exclusive access to:

  • A community of passionate learners like you
  • Videos with every lesson
  • Advanced resources
  • Additional skills
  • And much more

Enroll at plato.university/courses/poverty

  continue reading

45 episodes

Artwork
iconShare
 
Manage episode 426662787 series 3575209
Content provided by Brandon Stover | Plato University. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Brandon Stover | Plato University or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

This video explores the concept of underemployment, explaining it as a state where individuals work below their skill level, in part-time roles when seeking full-time, or for wages insufficient to meet their needs. The script identifies underemployment as a significant contributor to poverty, indicating that it leads to lower incomes, reduced job security, and skill atrophy, which exacerbate financial vulnerability and can hinder personal and economic growth. It discusses the importance of addressing underemployment to enhance labor productivity, improve mental health, and ensure economic and social development. Solutions proposed include investing in education and training aligned with labor market needs, encouraging full-time employment through policy, supporting small businesses, and developing platforms to match job seekers with appropriate opportunities. The video concludes by advising students passionate about solving underemployment to study labor market trends, policy evaluation, and entrepreneurship, offering resources through Plato University.

-----

How to Solve Poverty is a course presented by Plato University.

Enroll in the course for FREE to get exclusive access to:

  • A community of passionate learners like you
  • Videos with every lesson
  • Advanced resources
  • Additional skills
  • And much more

Enroll at plato.university/courses/poverty

  continue reading

45 episodes

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