REPORT: Employers are fed up with college ‘waste’ — here’s who they’re hiring instead

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TeamDML offers insights, opinions, podcasts, videos and other forms of content intended to educate and better explain trending news that is made available to the public by third parties. In this particular case, we refer to an excerpt from FOX Business:

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.”

One employer warned, “The talent shortage will just get worse because high schools and colleges produce no talent.”

Former construction worker and “Blue Collar Cash” author Ken Rusk discussed the situation in a Fox & Friends Weekend interview on Sunday.

“Colleges used to be a place where you would get a degree, and that would only enhance an effective human being, an already effective human being. Now we’re seeing colleges attach these degrees to people that literally can’t come out and do some of the life skills that we need,” Rusk said.


To get more information about this article, please visit FOX Business.

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