Earlier quoted context omitted.
I would posit that Starbucks example is the exact reverse of what you're seeing in the tech industry. Starbucks is hiring, but a lot of the workforce that is unemployed is overqualified with bachelor degrees that they thought would guarantee them a safe job on a nice career track. Upon graduation, they are finding that there is a shrinking pool of jobs for them, and that they'll either have to retrain (do a masters o…
This is an interesting viewpoint about Starbucks that I have heard many times. So here is an article [1] talking about how 75% of Starbucks employees don't have a college degree. If you go up the Starbucks hierarchy 50% employees are baristas. 35% are shift supervisors 15% assistant store manager or higher in the hierarchy Which means the odds are overwhelming that every employee you interact with in a normal Starbuc…
I would also add that despite quoting juicy statistic from your article, you don't seem to have read it accurately - there's no about how many baristas have degrees. The only comment is that 25% of all employees have degrees. I don't have the data tell what the chance is that the average Starbucks barista has a college degree but I'd claim neither do you if you're just going by that article.