Recent research from Opportunity@Work suggests a notable shift in hiring practices, with employers increasingly valuing skills attained through alternative routes over traditional college degrees. The study indicates that while job opportunities for those without degrees have historically declined, they have regained some ground in recent years. Job postings are becoming more inclusive of skilled workers (or "STARs") without degrees, suggesting changing attitudes towards hiring practices amid rising college costs. Byron Auguste, CEO of Opportunity@Work, highlighted the need to embrace diverse skill sets to foster equitable economic growth.
The average cost of a four-year degree has more than doubled since 2000, nudging hiring managers towards valuing practical skills over formal education.
Byron Auguste, CEO of Opportunity@Work, emphasizes that valuing all skills is essential for equitable growth amid economic changes.
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