The mortgage industry meltdown torched a lot of individual credit ratings as it wreaked havoc on the international economy. Now, it appears employers are increasingly using a poor credit history to deny employment to jobseekers.
That's the conclusion of a study by think-tank Demos, based upon a survey of nearly 1,000 low-to-mid-income households combined with existing data on credit checks and employment.
Demos spotted the credit report trend in its survey and gathered more data to see how prevalent employer credit checks were and whether they were being used to reject job applicants.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
- Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
- Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
