02/11/2025

The Labor Market is Broken

Some believe AI can help fix it

For years, companies have been trying to get skills-based hiring right. They have removed degree requirements. They’ve looked beyond pedigree experience. They’ve tried to quantify and measure skills. Yet the needle has barely budged. A 2024 report by The Burning Glass Institute found that even though many companies have removed degree requirements, this has resulted in a 0.14 percent increase in hiring of candidates without degrees. 

But what if the key to unlocking skills-based hiring and creating a more equitable labor market is AI?

"Imagine a world where hiring isn’t bound by pedigree, but fueled by skills and potential," said Ashley Kennedy, managing staff instructor at LinkedIn Learning, "where talent pools expand to include those historically overlooked, and where equity isn’t just a goal, but a reality."

Please select this link to read the complete article from LinkedIn.