Underemployment (noun)

A situation in which a person is employed but not in a job that utilizes their full range of skills and qualifications.

Origin:

From the prefix under- meaning less or not enough and the word employment.

Examples:

1. The underemployment rate in the country remained high for several years.
2. The underemployment of college graduates is a major problem in the country.
3. He was underemployed as a cashier, despite having a degree in finance.
4. She was underemployed as a receptionist, despite having a degree in marketing.
5. The underemployment rate in the city was alarmingly high.