Wednesday, September 10, 2014

Degree inflation shuts many out of jobs: Catherine Rampell

Oregonian
September 10th, 2014

You've heard of grade inflation? Welcome to the world of degree inflation.
A new report finds that employers are increasingly requiring a bachelor's degree for positions that didn't used to require baccalaureate education. A college degree, in other words, is becoming the new high school diploma: the minimum credential required to get even the most basic, entry-level job.
The report is from Burning Glass, a labor market analytics company that mines millions of online job postings. The company found that a wide range of jobs -- in management, administration, sales and other fields -- are undergoing "upcredentialing," or degree inflation. As examples, just 25 percent of people employed as insurance clerks have a BA, but twice that percentage of insurance-clerk job ads require one. Among executive secretaries and executive assistants, 19 percent of job-holders have degrees, but 65 percent of job postings mandate them.

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