The Evolving Labor Force

At least 16, have not worked for the past week, the lack of work is involuntary, and must be seeking work.

• Employed

• Unemployed

• Underemployed

• Self-employed

Seeking full-time work but can only find part-time positions or work where they are overqualified

• Underemployed

• Unemployed

• Overqualified

• Underqualified

Unemployment caused by technology making skilled workers obsolete

• Technological Unemployment

• Structural Unemployment

• Cyclical Unemployment

• Frictional Unemployment

The practice of hiring another company to perform a task or service that could have been done by the hiring company

• Outsourcing

• Insourcing

• Offshoring

• Subcontracting

Employing temporary workers at lower wages and without benefits

• Contingent employment

• Permanent employment

• Freelance work

• Internship