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Elessar · 26-30, M
You may be overqualified for a job but at the same time unable to find any openings that - aside from the level of competency requested - might fit your requirements. E.g. trivial case, I may be overqualified for a job close to home that pays decently well, but the better fitting job is in a distant city and doesn't reward significantly more, so in the end I would earn less by doing something harder (after transportation costs) than I do at my current position.