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Stock impact report

More employers now say they're willing to hire workers without a college degree. But is that playing out? [Yahoo! Finance]

Yum! Brands, Inc. (YUM) 
Last yum! brands, inc. earnings: 4/29 07:00 am Check Earnings Report
US:NYSE Investor Relations: yum.com/investors
Company Research Source: Yahoo! Finance
College degrees were used by companies as a proxy for skills and competence when evaluating potential hires — making it very difficult for lower-wage, non-degreed workers even to be considered. A majority of US workers have had to contend with that barrier. Only 37.7% of Americans ages 25 and up had a bachelor's degree in 2022, according to the US Census Bureau. But employers are now — at least publicly — becoming more open to the idea of skills-based hiring, which focuses on a job candidates' competencies and capacity to learn new skills rather than on their educational background. Why the change of heart? There are several factors. But lurking over all of them is a demographic reality: The falling US birth rate will produce fewer workers in the years ahead to replace the number of workers retiring. Additionally, employers are increasingly aware that the skills needed to do many jobs don't necessarily require a four-year degree, and that competent workers can be trained in n Show less Read more
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