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.

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    10 months ago

    Yeah…

    Anyone who thinks this is a “good” thing are, at best, naive.

    Long story short: For the vast majority of jobs, all that matters is having a college degree. Often not even in a vaguely related topic. Mostly because that provides a filter on job applications so that the hiring committee/person has time to go through the remaining applications.

    Except, as anyone who has gone job hunting in the past year or two can tell you, the days of having fancy CVs/resumes and business cars are gone in favor of filling out a workday application for every single position and so forth. And that is because you are being put through filters based on specific listed skills, number of publications, etc. And those are increasingly “accelerated” through AI tools. And… AI is great at being biased as fuck.

    So all this means is even more “studying for the application” as it were. Except instead of memorizing whatever algorithm or question a given company will ask, you need to do specific online courses from specific outlets and add specific keywords to your job history and so forth.