Job Requirements Inflation Is Deflating
The tight job market is finally convincing employers that maybe they don't really need to hire only college graduates. There's evidence that for some jobs, hiring managers are willing to lower their academic demands and even consider candidates with no experience.
A Payscale survey conducted at the end of last month found half of the respondents reporting they're hiring more people without formal college. The blog post reporting this cited an analysis of 15 million job ads showing a 6.25% reduction in the number of ads requiring a college degree from 2017 to 2018. In 2012, 34% of the ads analyzed called for college. In the first half of last year, it was 30%.
That's not all the survey found. Turns out employers are willing to hire people with extended breaks in their work history. 43% said they've hired people with gaps; 14% have hired workers who were incarcerated.
Payscale's survey bears out what The Wall Street Journal reported last summer. According to the article, "Employers say they are abandoning preferences for college degrees and specific skill sets to speed up hiring and broaden the pool of job candidates."