Glossary: Underemployment

Underemployment is a way to measure employment and labor in the economy that looks at how well the labor force is doing in terms of skills, experience, and availability to work. Labor that falls under underemployment are considered to be part time workers who are highly skilled but work in low paying jobs, workers who are…

Glossary: Urban Renewal

Urban Renewal is the redevelopment of city areas by replacing or renovating worn out buildings with new housing, public buildings, parks, roadways, industrial areas, etc., often following a comprehensive plan. Under President Harry Truman we got the Housing Act of 1949 which gave federal, state, and local governments enough power to shape the lives of…

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