credential inflation
Credential inflation refers to the increasing educational and professional qualifications required for jobs that previously demanded less. As more people obtain advanced degrees and certifications, employers raise their expectations to differentiate candidates. This can lead to situations where a position that once required a bachelor’s degree now insists on a master’s degree, even if the job's responsibilities haven't changed. This phenomenon can limit job opportunities for individuals who may have the experience and skills but lack the higher credentials, ultimately making the job market more competitive and challenging for many.
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Credential inflation refers to the increasing educational qualifications required for jobs that previously did not demand them. As more people obtain higher degrees, employers often raise their requirements to differentiate candidates, leading to a cycle where even entry-level positions may require advanced degrees. This trend can make it difficult for job seekers without higher education to find employment, regardless of their skills or experience. Consequently, the value of degrees can diminish, and individuals may face challenges in the job market despite their qualifications.