underemployed 

working in a job where you cannot use all your skills or where there is not enough work for you to do → unemployed

This may mean that some workers are unemployed or that all workers are underemployed, or a combination of both.

underemployed by kakami January 7, 2011

JOHN the UNDEREMPLOYED

A perpetually unemployed person that milks the system by not actually looking for work while receving unemployment benefits to their maximum.

A deadbeat.

He's not even trying to find work, he's your average JOHN the UNDEREMPLOYED

JOHN the UNDEREMPLOYED by American Tax payer November 21, 2010

funderemployed 

The state of being under-employed, working less than full time, that allows extra free time to have fun.

While I was funderemployed, I trained for and ran a marathon.

funderemployed by Uffish Thought July 28, 2009

Funderemployed 

Not quite fun-employed. Underemployed or not having enough hours but not caring and having a good time.

I'm funderemployed - I'm down to ten hours a week but don't care.

Funderemployed by frick1 February 24, 2010