Credential inflation results from

Question

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Credential inflation results from the need to select from among qualified applicants in the modern sector. As the job market becomes increasingly competitive, employers may raise their educational or skill requirements for positions in order to filter through a large pool of qualified applicants. This creates a cycle where individuals seek additional credentials to remain competitive, further raising the educational requirements for certain jobs.  Cost-push inflation and demand-pull inflation are unrelated economic concepts that do not contribute to credential inflation. Rigidities in the industrial sector may contribute to unemployment, but do not directly relate to credential inflation.

Credential Inflation Results from