[NavinF]

That's often called "occupational mismatch" and it smuggles in a normative claim that someone always deserves a job matching their prior title, education, or salary. Labor statistics do not and should not assume that.

Also in my experience part time contractor roles are awesome. <20hr/wk = low stress, most of my big purchases like computer hardware were deductible business expenses, and the coveredca subsidy let me get a very good health plan (courtesy of all the full time guys who bleed taxes and get zero subsidies in return)