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MONEYWATCH More U.S. companies no longer requiring job seekers to have a college degree
cbsnews.com ^ | MEGAN CERULLO

Posted on 12/05/2023 1:23:03 PM PST by RoosterRedux

Employers across a range of industries are dropping a job requirement once considered a ticket to a higher paying job and financial security: a college degree.

Today's tight labor market has led more companies instead to take a more skills-based approach to hiring, as evidenced on job search sites like Indeed and ZipRecruiter.

"Part of it is employers realizing they may be able to do a better job finding the right talent by looking for the skills or competencies someone needs to do the job and not letting a degree get in the way of that," Parisa Fatehi-Weeks, senior director of environmental, social and governance (ESG) for hiring platform Indeed told CBS MoneyWatch.

The relaxing of high education requirements is in effect serving to correct so-called degree inflation, or when employers increasingly require a college degree for jobs that don't require college-level skills, which has long been the norm in recruiting.

In 2023, the share of jobs on hiring platform ZipRecruiter that listed a bachelor's degree as a requirement dropped to 14.5%, from 18% in 2022.

Prioritizing skills over diplomas

Additionally, 45% of employers surveyed by the firm said they had done away with degree requirements for certain roles over the past year. Seventy-two percent of firms said they prioritize candidates' skills and experience over the diplomas they hold, according to ZipRecruiter.

The opposite trend played out during The Great Recession in the late 2000s, when the share of job postings requiring a bachelor's degree rose from 12% to 20%, according to ZipRecruiter.

The trend is slightly more prevalent among small businesses, with 47% of small and medium-sized businesses more likely to cross a college degree off the list of desired or necessary attributes in a candidate, compared with 35% of larger businesses, according to the ZipRecruiter survey.

(Excerpt) Read more at cbsnews.com ...


TOPICS: Business/Economy; Culture/Society; News/Current Events
KEYWORDS: college; degrees; education; employers
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To: RoosterRedux

The entire educational system has been watered down to a point of worthlessness.


21 posted on 12/05/2023 2:19:02 PM PST by Mathews (I have faith Malachi is right!!! Any day now...)
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To: devane617

It’s too bad someone has to spend a lot of money for a college degree which would supposedly guarantee a good job upon graduating, only to find out that some companies might want to hire people with common sense. And no college college loan hanging over their head, especially one they might not be able to pay for at the new job.


22 posted on 12/05/2023 2:26:31 PM PST by oldtech
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To: RoosterRedux

I think starving the Academic beast is a good idea.


23 posted on 12/05/2023 2:54:26 PM PST by rbg81
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To: Tell It Right

My son is an astronautical engineer. He learned a lot of hands on in high school as a member of a competitive robotics team. He did a lot of mechanical work.

He’s an Eagle Scout and he worked summers for a remodeling contractor.

He also went to a small private university with no room in their world for DEI crap.


24 posted on 12/05/2023 3:13:19 PM PST by cyclotic (Don’t be part of the problem. Be the entire problem)
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To: cyclotic
You have reason to be proud.

Tell him this gray bearded software engineer said he needs to be sure to use his gift to study God big time, especially through the Bible. Every church needs at least a few of us Bible geeks to answers people's weird questions about God and the Bible, and also we're needed as a kind of double-check on the teachings from church ministry (it's a Sola Scriptura thing). It's very few times I had to go to a preacher privately to question something that was said, always respectfully, and most of the time him pointing to me I was in error and why (just as respectful to me). But it has to be done because, as I've heard some pastors say openly to their congregations, one reason they're rarely tempted to stray from teaching the truth is because they know that there's always some people who know the Word enough to call them out on it unless they're accurate. Your son can meet that need in his church.

25 posted on 12/05/2023 3:24:51 PM PST by Tell It Right (1st Thessalonians 5:21 -- Put everything to the test, hold fast to that which is true.)
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To: RoosterRedux

The bar is being lowered for everything in this country. Unless you are White or Asian.


26 posted on 12/05/2023 4:10:07 PM PST by Parley Baer (GO )
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