Another NineShift prediction comes true!
I was in the train station and shouted when I read the stories, sorry fellow passengers.
We predicted that in 2017 the shortage of college educated workers would hit a crisis point. Here we are.
Silicon Valley is screaming for college educated workers, and last week the NYTimes reported that "H-1B applications pour in by the truckload" as the government admits a limited number of college educated (80%) boys to work in the high tech industry.
Then Upshot writer Neil Irwin of the NYTimes reported that job growth, which slowed in March, and the unemployment rate are no longer the best measures for economic progress now. Why - - because everyone is in the workforce, and with full employment the unemployment rate cannot drop any further.
Higher education still refuses to produce more college graduates, failing to retain half of the students. But sometime business will wake up to the fact that we have 14 million really smart people without a college degree, people just as smart or even smarter than the average college grad.