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In any market with a glut of applicants, I would expect the unemployment gap to increase between more and less qualified employees, even if the extra qualificat
by arghnoname 16y ago
In any market with a glut of applicants, I would expect the unemployment gap to increase between more and less qualified employees, even if the extra qualifications are not necessary for adequate or even excellent job performance.
Any easily distinguishing characteristic that even vaguely correlates to the quality of a potential employee is going to be used to help narrow down the applicant pool to a more manageable number.
- ShabbyDoo 16y agoYes. A PhD can work at Starbucks in a pinch, but a guy with skills sufficient only for manual labor can't take advantage of a software engineer shortage. So, even if you presume (wrongly) that employers place no value in skills un-necessary for the job at hand and instead choose randomly among applicants, this disparity would exist.