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Based on analysis of 2003-05 CPS data, nearly one quarter (24.1%) of labor force participants aged 20 to 29 years were underemployed [defined as either unemployed, discouraged, involuntary part-time, or earnings less than 125% of the poverty threshold]. "The prevalence of underemployment then steadily dropped, hitting its lowest point (11.8%) among those aged 50 to 54 years." For other age groups, the rates are 14.1% (30-39), 12.6% (40-49), 13.9% (60-64), and 15.9% (65-69). "Across all age groups women faced higher rates of underemployment." (Table 2, p. S18)

Slack, T., & Jensen, L. (2008). Employment hardship among older workers: Does residential and gender inequality extend into older age? The Journals of Gerontology. Series B, Psychological Sciences and Social Sciences, 63(1), S15-24.

This study is based on data from the March Current Population Surveys for the years 2003, 2004, and 2005. Descriptive statistics were used to explore the prevalence of underemployment among older workers. (p. S15)

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