This fact should not reduce a candidate’s value (much) in the eyes of experienced hiring managers. However, many candidates use various common tactics to reduce the unsightly impact of breaks and blemishes in their resumes. These tricks are generally not considered fraud but it is up to the interviewer to ask specifics about each degree and employer listed on their resume. In most cases, candidates will be up-front with the truth but interviewers must know the local market in order to dig out the full truth.
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