Degree requirements are holding back company profits and a roaring economy, experts say
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A job listing requiring a bachelor’s degree eliminates 62% of American adults; 70% of Black Americans and 80% of Hispanic Americans are also excluded. Carrie Varoquiers (Workday), LaFawn Davis (Indeed), and Lisa Gevelber (Google) discussed skills-based hiring at the Fortune Most Powerful Women Summit on October 15, 2024. They argue that hiring should focus on skills rather than degrees, as many jobs can be performed by non-degree holders after basic training. The Google Career Certificate program, launched in 2017, aims to provide pathways to high-demand jobs for those without degrees. Experts like Joseph Fuller (Harvard) and Philip Cohen (University of Maryland) suggest that the necessity of degrees in white-collar jobs is diminishing.

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https://fortune.com/2024/10/16/degree-requirements-skills-based-hiring-economy-carrie-varoquiers-lisa-gevelber-lafawn-davis-mpw/