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“For example, our June 2023 research showed that more than half (61%) of employers of entry-level tech roles have raised requirements for education degree and work experience over the past three ...
The push for more Americans to get a higher education rests on the well-evidenced idea that those without a college degree are less employable. [ 53 ] [ 54 ] Many critics of higher education, in turn, complain that a surplus of college graduates has produced an "employer's market".
McDonald's employees and the employees of participating independent franchises offer employee benefits to improve English language skills, earn a high school diploma, work toward a college degree, and get counseling about education and career plans. The corporation has spent more than $100 million on the program over the past four years.
The study, conducted by the Georgetown Center on Education and the Workforce, found that in 1970, 26% of the middle class had post-secondary education such as some college, as associate degree or ...
College seniors will don graduation gowns this month before jumping into a job market that isn’t quite as hungry for their diplomas as it is for skills learned outside of four-year schools.
However, many continuing education programs make heavy use of distance education, which not only includes independent study, but can also include videotaped material, broadcast programming or online education which has more recently dominated the distance learning community.
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The idea of job market signaling through educational attainment goes back to the work of Michael Spence. [4] The model Spence developed suggested that, even if a student did not gain any skills through an educational program, the program can still be useful so long as the signal from completing the program is correlated with traits that predict ...