The big rewards of microcredentials: How new education options help employees and job seekers quickly advance their careers - Supply Chain Dive

With 9.6 million job openings nationwide resulting in less than one unemployed person per position, America is experiencing a unique labor shortage that defies historical expectations. Retiring baby boomers, a low labor force participation rate and a lack of skilled workers add up to a deficit of employees that’s not likely to ease anytime soon. One potential solution is the rise in micro credentials, also known as micro degrees.  According to the State University of New York, “Microcredentials are short, focused credentials designed to provide in-demand skills, know-how and experience. Stackable micro-credentials can also provide a pathway to a certificate or full degree, now or when you are ready.” While these credentials have been around for many years, offerings have ballooned more recently as interest from employers and prospective employees has increased.

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