New York CNN —For decades, not having a college degree has often been a barrier for workers seeking a higher-level, better-paying job.
That means the lack of college degrees can’t be ignored, since Blacks and Hispanics are least likely to have a bachelor’s degree.
“[D]espite the limited progress to date, our analysis shows that, for those who embrace it, skills-based hiring … yields tangible, measurable value.
Skills-based hiring boosts retention among non-degreed workers hired into roles that formerly asked for degrees,” they said.
The tool is aimed at lower-wage workers without college degrees.
Persons:
Joe Biden, Ken Frazier, ”, George Floyd’s, Frazier, Debbie Dyson, Keith Wardrip
Organizations:
New, New York CNN, Census Bureau, ”, Merck, Blacks, MIT, Accenture, Yum ! Brands, Harvard Business School, Glass Institute, Directionally, Federal, Occupational Mobility, Philadelphia Fed, Federal Reserve Bank of Philadelphia
Locations:
New York, America, workforces, Philadelphia, Cleveland, Cincinnati