Friday, October 18, 2024

Latest Posts

Because the Job Market Modifications, Is a School Diploma Much less of a ‘Meal Ticket’ Than within the Previous?


When Gina Petersen graduated together with her affiliate diploma from Kirkwood Group School two years in the past, she described it as “the most important accomplishment I’ve ever finished.”

As a returning grownup school scholar, she had struggled to suit her research partly time, on-line, whereas working as a coach for a tech firm. She had gotten that job via connections, and she or he hoped {that a} school diploma can be a giant assist if she ever wanted to discover a new job sooner or later.

We advised the story of Petersen’s school journey — which took her greater than seven years and a few false begins to finish — as a part of a three-part podcast sequence we did in 2022 referred to as Second Acts.


Get EdSurge information delivered free to your inbox. Join our newsletters.


For this week’s episode of the EdSurge Podcast, we checked again in with Petersen to see what the diploma has meant for her skilled and private life.

And we discovered that the credential has not opened as many doorways as she had hoped.

A couple of months after we final talked to Gina, she obtained laid off from her coaching job after 10 years on the firm. And at first she rapidly discovered a challenge supervisor place via her networks. However she felt the job wasn’t a very good match, so she give up after slightly greater than a 12 months, hoping she’d rapidly discover one other place.

What she encountered, nonetheless, was a job market that out of the blue felt far more daunting.

“I’ve despatched my resume to, I’d say, 150 completely different locations for 150 completely different roles, and but, nothing,” she says, even after getting skilled assist crafting her resume.

What’s worse, she says, she has been ghosted by employers when she does get preliminary curiosity. “I’ve had two individuals attain out for cellphone interviews and say, ‘Sure’ and make sure, after which I actually don’t get referred to as,” she says.

Petersen will not be alone, in keeping with labor market specialists.

Man Berger, director of financial analysis on the Burning Glass Institute, notes that as a result of it has develop into simpler to use for jobs, because of one-click functions on firm web sites and the expansion of platforms like Linkedin, job seekers have extra alternatives than ever. However in addition they must work more durable to seek out the best match consequently. Whereas as soon as it is perhaps frequent to use to fifteen jobs, now it’s common to have to use to greater than 150, he says.

“Now, you’re making use of to much more issues – you’re getting extra cracks on the bat — however you’re simply getting much more rejections,” Berger says.

That may really feel demoralizing to job candidates, he provides, whereas additionally onerous for employers as they wrestle to sift via a flood of candidates.

In the meantime, Berger says that the variety of jobs for latest graduates has fallen lately, and simply having a level will not be as assured a “meal ticket” as up to now.

“School graduates nonetheless get typically better-paying jobs than individuals who don’t have a school diploma, and there’s a wider vary of alternatives out there to them once they’re on the lookout for a job,” he says. “However for those who’re taking a look at how a lot of a lift it offers, most likely it’s smaller than it was up to now.”

Even so, Petersen says she is glad she obtained her diploma, as she discovered precious expertise in school that she put to make use of in her job. However she isn’t trying to return for extra greater training at this level.

Hear extra about Petersen’s search, tendencies in hiring and what faculties can do to answer this altering panorama on this week’s EdSurge Podcast.

Take a look at the episode on Spotify, Apple Podcasts, or on the participant under.

Latest Posts

Don't Miss

Stay in touch

To be updated with all the latest news, offers and special announcements.