Interesting. This report examines how Australian employers value and use academic qualifications in their business decisions. "Qualifications are considered more important for higher-level occupations and employers use them predominantly to recruit new employees and to ensure regulatory compliance. Employers regard qualifications as a signal of potential for future learning and skills acquisition, not as a signal of immediate competence. Overall, employers drew a strong distinction between qualifications and experience, and favoured and valued the latter more in regard to many of their business decisions." This is a key indicator, and if it shoudl tgrack toward experience over qualifications it bodes difficult times for educational institutions.
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