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The costs of underemployment

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Mon Nov 02 2009

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(From the thesunnews.com)

Rich Grogan of Murrells Inlet is

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working as a sales associate at Sears for about 22 to 24 hours a week

on 100 percent commission to help make ends meet for his wife and

2-year-old son.

Grogan, who holds an MBA and an undergraduate

degree in finance, has worked for years in management, but his latest

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job at the United States Bowling Congress was cut in one of the first

waves of layoffs last year.

He's now making about one-third of the income he brought in before, but he's happy to have a job.

Grogan is one of thousands of area residents who is considered to

be underemployed, which means a person is either working part time when

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he or she previously worked full time, or that a person is working a

full-time job, but using fewer or none of the skills he or she

previously used in another career.

Nationwide,

about 6 percent of the working population is underemployed, and across

the state, about 6 percent, said Don Schunk, a research economist at

Coastal Carolina University.

Read the entire story.

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