More US companies are dropping experience and education requirements from their job postings.
AdvertisementDropping hiring requirements could save some companies moneyThere's some evidence that companies could already be dropping hiring requirements in part to cut costs.
He found that the industries with the largest declines in hiring requirements also saw "rapidly cooling demand" for workers over this period.
The marketing and IT sectors also have experienced hiring slowdowns and large declines in hiring requirements, per Indeed data.
It's not clear how much of an impact the decline in hiring requirements has had on employer's labor costs.
Persons:
—, Cory Stahle, Stahle, slowdowns
Organizations:
Service, Business, LinkedIn