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Employment, Unemployment and Underemployment: A Conceptual Re-Examination

Albert Lauterbach
The American Journal of Economics and Sociology
Vol. 36, No. 3 (Jul., 1977), pp. 283-298
Stable URL: http://www.jstor.org/stable/3486009
Page Count: 16
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Employment, Unemployment and Underemployment: A Conceptual Re-Examination
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Abstract

Unemployment and underemployment have become one of the world's major problems, especially in early industrial countries. At the same time, the terminological and conceptual fluctuations in this field have grown in intensity. This paper discusses the economic, sociological and psychological meanings of employment; the question to what extent it should be seen as a self-purpose; the concepts of economically active population and productive employment; the relationship between productivity, technological change, and employment; the impact of education; human resources and their "utilization"; the economic, sociological and psychological meanings of unemployment and underemployment; the social costs of unemployment; and the relationships between development, income distribution, and employment.

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