Seems like the entry-level job market has gotten so hot and competitive in 2018 that many employers are getting rid of ridiculous requirements like “x” years of experience, higher education, olympic medals, etc. in order to just hire people to fill up job positions. Across industries, companies are lowering the bar to getting hired from software engineering roles at Intel
and GitHub, to bank teller jobs at Bank of America. Through the end of last year, about one million new jobs were opened up to candidates with “no experience necessary,” making occupations such as ecommerce analyst, purchasing assistant and preschool teacher available to novices and those without a degree. To attract more entry-level employees, toy maker Hasbro, divided four marketing jobs, which it previously designed for MBA grads, into eight lower-level positions and dropped any college requirements. DAMN! Bank of America
currently has 7,500 job openings worldwide and less than 10% requires a degree, therefore these jobs could be filled by non-graduates, including most of the bank’s tellers and call center jobs.
So what’s the takeaway?
With 3.9% unemployment rate
across the US, employers continue to compete for workers, as wages rose 2.7% for all workers in July. However, even with the wage increase, the rising prices of household goods have made those pay raises less valuable to workers, keeping pressure on employers to increase salaries or re-evaluate their target hire.