Francis Green|Golo Henseke
Should governments of OECD countries worry about graduate underemployment?
assess potential public concerns paper examines theory evidence surrounding graduate educational underemployment overeducation era mass higher educationusing new validated index graduate jobs find prevalence graduate underemployment across 21 countries correlated aggregate supplydemand imbalance indicators labour market flexibilityunderemployments association lower job satisfaction pay widespreadyet countries external benefits social trust volunteering political efficacy associated higher education even underemployedtaken together existing studies find era mass higher education participation underemployment useful indicator extent macroeconomic disequilibrium graduate labour marketwe conclude governments monitor graduate underemployment higher education policy based social returns recall higher educations wider purposes