The Truth Behind A Skills Gap

During a recession, the balance of power is in employers’ hands. Bosses knew that many people were out of work; they could stand to be picky when it came to hiring and so they demanded more credentials, complaining when applicants didn’t meet that high bar. Only when the labor market tilted in workers’ favor did they bother to take less obviously credentialed applicants more seriously and stop bleating about a “skills gap.”