The Ranks of the Underemployed Continue to Grow

In September, the number of underemployed workers rose for the third consecutive month.

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For a few weeks earlier this year, Schnell was able to land two copyediting jobs at two regional Patch.com sites, but AOL, which owns Patch, slashed its freelance budget soon after and he lost one of those positions. "It's miserable in terms of what I'm making," Schnell says. In addition, he says he's stuck in a house that's worth substantially less than his mortgage, and he's had to ask his father to help with payments. Schnell, like many older underemployed Americans, says he's worried that he may get passed over by potential employers because of his age. He remains discouraged. "For every 50 to 100 resumes I send out, I may get one interview," he says.

Twitter: @benbaden