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Lacking enough or the right experience, skills, credentials and/or education ranked second among the biggest barriers for jobseekers in 2022, according to McKinsey & Co. The cooling labor market has made it more difficult to find a job. Kory Kantenga, Senior Economist at LinkedIn, said that is felt acutely in the entry-level job market. Some workplace experts blame inflated job requirements and layoffs of recruiters, while others point to a skills miss-match between available jobs and recent graduate degrees. Watch the video to find out why job requirements have become so demanding and what that means for the entry level workforce.
Chapters:
00:00 Introduction
01:50 Inflated requirements
4:19 Entry-level jobs
6:12 Upskilling
9:57 Skills-based hiring
Produced by Juhohn Lee
Edited by Jack Hillyer
Narration by Andrea Miller
Animation by Jason Reginato, Christina Locopo
Supervising Producer Lindsey Jacobson
Additional Footage: Getty Images
Additional Source: Federal Reserve Bank of Kansas City, Brookings Institution, Harvard Graduate School of Education
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Why Job Listing Qualifications Feel Absurd