what are u referring to when u say "pass degree"? back in my days, there were alot of confusion about pass degree. generally there are two meanings:

i. ordinary degree or degrees without honours.
ii. a degree awarded with third class.

if u're referring to a third class degree, yes, u'll have alot of problem applying for a job. this is plainly bcoz there are too many people with 2nd class (both upper and lower).

but if u're referring to ordinary degrees, it means the degree has slightly lower specialization than an honours degree. it doesnt really translate into less possibility of getting a job though.

then there's the australian system of honours degree, which further confuses people. in australian system, everybody takes ordinary degree. towards the end of their studies, if u have strong academic performance, they'll allow u to continue for another semester (6 months) to acquire an honours degree. now this honours degree is not something everyone could obtain. u need to be really good.

for the rest of the world, u can apply straight for an honours degree from 1st year. once in, u just need to maintain a 2.00cgpa and above. anything less (3rd class) will get u a pass degree.