Why Job Listing Qualifications Feel Absurd

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Published 2024-05-09
Lacking enough or the right experience, skills, credentials and/or education ranked second among the biggest barriers for jobseekers in 2022, according to McKinsey & Co. The cooling labor market has made it more difficult to find a job. Kory Kantenga, Senior Economist at LinkedIn, said that is felt acutely in the entry-level job market. Some workplace experts blame inflated job requirements and layoffs of recruiters, while others point to a skills miss-match between available jobs and recent graduate degrees. Watch the video to find out why job requirements have become so demanding and what that means for the entry level workforce.

Chapters:
00:00 Introduction
01:50 Inflated requirements
4:19 Entry-level jobs
6:12 Upskilling
9:57 Skills-based hiring

Produced by Juhohn Lee
Edited by Jack Hillyer
Narration by Andrea Miller
Animation by Jason Reginato, Christina Locopo
Supervising Producer Lindsey Jacobson
Additional Footage: Getty Images
Additional Source: Federal Reserve Bank of Kansas City, Brookings Institution, Harvard Graduate School of Education

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Why Job Listing Qualifications Feel Absurd

All Comments (21)
  • @CNBC
    Want to land your dream job? Take CNBC’s new online course How to Ace Your Job Interview to learn what hiring managers really look for, body language techniques, what to say and not to say, and the best way to talk about pay. Use discount code NEWGRAD to get 50% off from 5/1/24 to 6/30/24: cnb.cx/3TSmIfX
  • @soapa4279
    Job requirements today be like: - Must be exactly 21 years old - Master's Degree Required - 10 Years relevant experience - Able to bench press 300lbs - No criminal history including Kindergarten Salary: $15/hr, no PTO, no health care, no oxygen, no breathing Benefits: Once a year pizza party. Apply today! If you are accepted, you will proceed to our 10 round of interviews to see if you are a cultural fit.
  • @isaiahX7
    the biggest requirement to work anywhere is TO KNOW SOMEONE inside the job
  • @lololol80204
    We need to ban ghost job postings and jobs they are hiring internally. Make it illegal. You cannot auction something not for sale, so why is it ok to post something not truly available?
  • @LokTar_Ogar93
    i love how even internship prefers students with previous internship experience now
  • @Cballin
    imagine paying the insane tuition fees only to finish and realize that nobody wants college graduates
  • @keanuxu5435
    Companies: We want you to work like a CEO but we’ll pay you like a minimum wage employee with no experience
  • @manifresh1264
    After completing my Master's in Computer Science, I struggled to find an entry-level role because they said I lacked experience. Now, with a PhD and over seven years of experience, I'm considered overqualified. It seems impossible to meet these organizations' expectations.
  • @Caleb85164
    If employers don’t care about your degree, then they should remove it from the requirements.
  • @RandomRay1
    The more insane part is entry level jobs requiring 3-5 years of experience even if it's for an administrative assistant position.
  • @hessZL1
    Job hunting has to be some of the most demoralizing and depressing activities ever. I genuinely wanted to off myself when I was hunting for a job a few months ago. For what it's worth, I didn't land a job through it. I landed a job through a buddy of mine.
  • @azisles02
    I saw an IT position once that required 10 years of Windows 11 experience, when Windows 11 was out not even 10 months. I reached out to the company and asked if they meant Windows in general or specifically Windows 11. When they confirmed 11, I mentioned that requirement is impossible as it hasn't been out long enough to have even 1 year experience. The rep I was speaking told me I don't know what I'm talking about and I must not know anything about computers (been an IT for 10 years and used a computer for over 30yrs). They got a nice glassdoor review for that one.
  • @DevoutSkeptic
    College Graduates: "Give us entry-level jobs!" Employers: "Skill Issue."
  • @mtdewramen
    Companies : we want you to have a masters degree, and 20 years experience to be a barista. Also companies : The kids these days are lazy and don't want to work.
  • @Fludd3588
    Man, where the hell was this article when I graduated from college 11 years ago? That first summer I applied for 200 entry-level clerk jobs, I got nowhere. There were no calls, no email responses, no invitations to interviews. I thought I was going crazy. This could have saved me five years worth of arguments with my family as to why I couldn’t find a job those first few years. “Requires a Bachelor’s degree with 2 to 5 years experience.” What a cruel, terrible joke! I can’t help but feel bad for the next batch of young people poised to graduate this month with little to no preparation for the REAL world, particularly those who are less privileged and have no access to skills based training. While I appreciate the transparency in this video, the hiring practice of employers is shameful!
  • @spotlight7743
    Did my bachelors and masters in a STEM field. Got a job in a fortune 100 company and was laid off after working there for 2 years. Been on the job market for 8 months and applied to over 3000 jobs and received 2 interviews that have ghosted me after the interview. At this stage, I have given up all hope and started working in a middle school as a janitor.
  • @burnanddiscern
    "Be the cheapest candidate" incredible advice. Poverty wages so you can get experience. Hurray!
  • @keylanph
    It’s funny that CNBC is essentially putting the blame on the young workers instead of the system that failed them. Out here telling recent grads that they need to take internships and lower their pay requirements just to get an entry level job. I recently left an “entry level” position in which I was running an entire 200 square mile service area for a company. I was making 55k and required to work evenings and weekends on a regular basis. They listed my position on indeed for 46k… 9k less that they paid me. Needless to say, they did not fill the position and they lost the entire market. I’ve since started my own business and have grossed $130k and net 70k so far in 2024. Know your worth .
  • @petedawg
    I took a cybersecurity bootcamp and got an industry certification. I looked for jobs for a bit, but I’d have to take a $10k+ pay cut, and they all wanted 2+ years experience. Anytime people cry about how there’s a shortage in an industry now, I consider that the industry isn’t paying enough or is treating its workers poorly.