You’ve heard of unemployment – actually, it seems like we’ve heard nothing but that for years.

And there is “over-qualified” which is usually said when we don’t get the job we want when we have more than enough skills to do.

But have you ever heard of under-employment?

That’s what Millennials are facing as they come of age in an economy that doesn’t offer the promise that their parents had when they first entered the workforce.

Actually, Millennial parents are facing under-employment as well because business experts say that if a person loses their career after the age of 50, it may be the last career job they ever have.

The cure for under-employment is redeployment.

Adapt to the new world.  Go back to school.  Chase another dream.

Here is what I advise audiences when I speak on this topic:

1.  Make a list of 5 things that you would like to do with your life without regard to your education, experience or current position.

2.  You may not put anything to do with your current field of work on that list – after all, we’re looking to stretch ourselves here.

3.  Resist the temptation to leave something off that list because you are not trained for it or because you think you’re too young or too old.

4.  Take as much time as you need to come up with 5 viable ideas.  If you can throw this list together in one day, throw the list out.  This takes forethought.

What you will find is that if you’re an orthopedic surgeon and tired of practicing medicine, you may want to go into fashion.

That’s exactly what Taryn Rose, M.D. did – she left medicine to design comfortable and fashionable shoes for women and men.  

Are you willing to stretch yourself to find a new beginning?

And it’s never too late – as Colonel Sanders found out when he founded his fast food business well past middle age.

The “secret recipe” to surviving under-employment is to transcend what the marketplace has to offer us at any given time and get to what we have to offer now.