Out of necessity, tech startups are changing the way workers are screened and hired.

When Michael Glukhovsky and Slava Akhmechet, the founders of RethinkDB, a database technology startup that changes how people store and access data, received $1.2 million in funding earlier this year, they began looking for their first employee. They turned to job boards. They recruited from their site. They tried to poach talent. They even wrote a blog post on their hiring woes and entered the how-to fray.

Their efforts didn't end there. They briefed a recruiter on their complex technology, but ultimately that was a waste of time—and dollars. And in four months, the hundreds of resumes, dozens of phone screens, and numerous four-hour meetings with viable candidates yielded no one who fit their criteria. So they started their company with students and post-grads eager to tackle a computer-science problem rather than become founding members at a startup.

Unemployment is chronic in much of the country, but in Silicon Valley, employees have their pick of jobs. In an economic climate that is the near converse of a recession, talent is scarce and star programmers have the upper hand. Pressured to solve the dull hiring puzzle, founders have started reconfiguring the way people get jobs. The result? Americans, more and more, will find work not via recruiters, job boards, and resumes, but by showcasing themselves online and undergoing less subjective automated assessments.

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Out of necessity, tech startups are changing the way workers are screened and hired.

Cutting Edge Technology Majors

When it comes to future careers, the reality is that most of us cannot even fathom what some of the more sophisticated job options will be. More

Cutting Edge Technology Majors

Is a college degree still worth it?

The Bureau of Labor Statistics projects that seven of the 10 employment sectors that will see the largest gains over the next decade won't require much more than some on-the-job training. These include home healthcare aides, customer service representatives and food preparers and servers. Meanwhile, well-paying white-collar jobs such as computer programming have become vulnerable to outsourcing to foreign countries.

"People with bachelor's degrees will increasingly get not very highly satisfactory jobs," said W. Norton Grubb, a professor at UC Berkeley's School of Education. "In that sense, people are getting more schooling than jobs are available."

He noted that in 1970, 77% of workers with a bachelor's degree were employed in professional and managerial occupations. By 2000, that had fallen to 60%. found here

What i believe is left out is how many of these graduates will create startups? How many will go to work not in their specialty field but in parallel ones?

Is a college degree still worth it?