Discredited: How Employment Credit Checks Keep Qualified Workers Out of a Job

Discredited: How Employment Credit Checks Keep Qualified Workers Out of a Job

Why work credit checks constitute an illegitimate barrier to work.

Executive Overview

Today, extremely common for companies to check out job seekers’ individual credit rating prior to making a hiring choice. An array of jobs, from high-level economic articles to ohio usa payday loans jobs maintenance that is doing, offering phone technology help, being employed as a delivery motorist or attempting to sell frozen yogurt, may need a credit check. Yet despite their prevalence, little is famous in what credit checks actually show companies, exactly just exactly what the results are for job seekers, or work credit checks’ general effect on our culture. This report makes use of brand new information from Demos’ 2012 nationwide Survey on personal credit card debt in Low- and center- Income Households to address these questions. Overall, we find significant proof that work credit checks constitute an illegitimate barrier to work.

Key Findings

Among low- and middle-income households carrying credit debt:

  • Employment credit checks are typical. Among study participants who will be unemployed, 1 in 4 states that a employer that is potential required to test their credit file included in a job application.
  • Folks are rejected jobs as a result of credit checks. 1 in 10 study participants who will be unemployed have already been informed which they wouldn’t be employed for a task due to the information within their credit history. Читать далее «Discredited: How Employment Credit Checks Keep Qualified Workers Out of a Job»