U.S. · Andreessen Horowitz · Fortune Technology
LinkedIn is piloting a school to teach workers how to become their own bosses–no degree required
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The job market is getting harder to break into.
Key facts
- The Bureau of Labor Statistics reported employers added 29,000 jobs last month, below economists’ expectations of 90,000, and more than a quarter (27.1%) of unemployed Americans have been out of work
- A 2024 study by Harvard Business School and the Burning Glass Institute found that removing degree requirements increased the share of workers hired without bachelor’s degrees by about 3.5 percentage
- LinkedIn started the Academy of Economic Opportunity in September, enrolling 30 LinkedIn employees in a free 14-week training program, according to a spokesperson
- For all its fanfare, the increased opportunity promised by Skills-Based Hiring has borne out in not even 1 in 700 hires,” the authors wrote
Summary
LinkedIn started the Academy of Economic Opportunity in September, enrolling 30 LinkedIn employees in a free 14-week training program, according to a spokesperson. As AI changes the skills employers demand and casts uncertainty over traditional career paths, LinkedIn is betting more workers will seek opportunities beyond conventional jobs. “The program is focused on helping them learn how to build a business. In a survey of 3,000 American adults, Intuit QuickBooks found that a third planned to start a business or side hustle this year, up from the 17% who said the same a year earlier.