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.

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Dan Cook

Dan Cook is a journalist and communications consultant based in Portland, OR. During his journalism career he has been a reporter and editor for a variety of media companies, including American Lawyer Media, BusinessWeek, Newhouse Newspapers, Knight-Ridder, Time Inc., and Reuters. He specializes in health care and insurance related coverage for BenefitsPRO.