Companies are going against traditional recruiting wisdom that more education is better as they hire fewer people with graduate degrees.Career officers and students alike at Yale, Columbia and Northwestern University all say companies are spending less time on campus looking for second-year MBA job candidates, The Wall Street Journal reported. Job offers are also going down, as the tech sector makes significant job cuts nationwide and finance deals slow.
Sean Lyons, a professor and associate dean at the University of Guelph, said the changing demand for higher degrees in the employment market shifted during the pandemic, as companies braved entirely new realities about what worked best for workforce productivity.'Post-COVID, our assumptions about graduate school enrollments and labor market conditions are all being challenged,' Lyons told Newsweek. 'Employment has continued to boom in some sectors but not in others.
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California’s job market: More firings – fewer hirings and quitsCalifornia’s employment picture has cooled to either (1) a new normal or (2) a worrisome slowdown.
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