Labor Market Slowdown is Driving a Shift to Skills-Based Hiring
Allwork
MAY 23, 2024
Postings mentioning these requirements in low-wage jobs fell seven percentage points, and they fell 10 percentage points for medium-wage jobs. Researchers at Indeed’s Hiring Lab suggest the skills-first hiring practice is likely a tactic by companies to broaden their candidate pool and manage labor costs more effectively. However, this shift (..)
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