Employers don't value college degrees as much as originally thought,
recent survey data shows, and the disdain is behind a restored appreciation for blue-collar job-seekers that bring skill and experience over education.
The study, known as the Freedom Economy Index (FEI), a joint project of job recruiting service RedBalloon and PublicSquare, surveyed opinions from 70,000 small businesses between Oct. 25 and Oct. 30, with 905 respondents, a 3% margin of error and a 95% confidence level.
When asked about the "return on investment" of higher education, a whopping 67% of participating employers responded "strongly no" when asked if they believed institutions of higher education were "graduating students with relevant skills that today's business community needs."
The Freedom Economy Index (FEI) found that small businesses held disdain for college-educated workers and favored blue-collar workers with skills and experience.
www.foxbusiness.com
Our turnover rate is ridiculous with this latest generation, grown adults crying because they aren't equipped to work efficiently in an office or plant. Many claim not enough praise as reason for leaving. Todays new employees are yesterday's kids that received trophies for showing up and heard "Good Job" for the simplest of things. -OG