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 jobs become more complex, employers rely more heavily on college degrees or other credentials as evidence that job applicants have the necessary skills and knowledge. This creates a situation where more and more people feel the need to obtain these credentials, leading to credential inflation. It is not directly related to cost-push or demand-pull inflation, nor is it caused by rigidities in the industrial sector.

Credential Inflation Results from