Most employees without a college degree are more than fit for jobs that require them — all that’s missing is an employer willing to fill in the gaps.
The demand for a skilled workforce is increasing faster than the supply of workers with college degrees, according to a paper from the National Bureau of Economic Research. The result is rising wage inequality by education levels and an increase in firms facing a skills gap — which is why on-the-job training and education may be more valuable than having a degree requirement for open positions.
