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.

  • TenderfootGungi@lemmy.world
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    10 months ago

    I am not saying those are the correct rates. As a floor they probably should be low. Rates should vary by area anyway. Perhaps as a percentage of median apartment or home rent?

    But here in rural America I have seen plenty of jobs that require degrees that pay less than that.