CNBC | Why Job Listing Qualifications Feel Absurd @CNBC | Uploaded May 2024 | Updated October 2024, 9 hours ago.
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
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
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Want to make extra money outside of your day job? Sign up for CNBC's new online course How to Earn Passive Income Online to learn about common passive income streams, tips to get started and real-life success stories. CNBC Make It readers can use special discount code CNBC40 to get 40% off through 8/15/24: https://cnb.cx/4dFP9Wa
Connect with CNBC News Online
Get the latest news: cnbc.com
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
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Why Job Listing Qualifications Feel Absurd
