Underemployment is expensive in dollars and even more costly in terms of its impact on children of under-employed parents. We need to make discussing and addressing this imperfect imbalance a priority.
Graduates, the corporate job picture as we knew it is being obliterated -- the center cannot hold -- and the world of work we once relied upon is fracturing into myriad new combinations and permutations.
People in Washington over-complicate the debate by tinkering at the margins: tax-break this, incentive that. Those things will have some effect, but there's a simpler and better way to fix the joblessness problem: put people to work.