Future Ready Leadership With Jacob Morgan DEI Faces a Reckoning, The Workforce Is Hesitating, and Degrees Are Losing Value
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Dec 19, 2025 Workers are increasingly hesitant to change jobs, prioritizing security over risk. Low attrition rates might hide disengagement, calling for more investment in internal mobility. The value of degrees is being questioned, with many candidates overlooked due to stringent filters. Skills-based hiring and apprenticeships emerge as effective solutions. DEI initiatives face a transformative reckoning, advocating for measurable systems. Parents are reconsidering the cost of college versus vocational training, as career paths evolve.
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Labor Market Shift To Risk Management
- Job switching has slowed as wage premiums fell and hiring cooled, so workers prefer stability over risk.
- Jacob Morgan calls this a shift from a momentum-based to a risk-managed labor market.
Make Growth The New Job Security
- Invest in internal mobility and skill development during calm periods to avoid future turnover waves.
- Morgan frames learning and growth as a new form of job security: 'grow or go.'
Talent Shortages Often Self-Inflicted
- Many postings require degrees or experience unnecessarily, shrinking talent pools and worsening shortages.
- Morgan argues talent shortages are often self-inflicted because companies outsourced training to universities and used degrees as filters.