Yesterday, I was on the Yahoo Home page and an article titled "Out-of-work job applicants told unemployed need not apply" caught my eye. The article references a growing trend of employers who will only interview candidates who are currently employed. According to the article, some job postings include restrictions such as "unemployed candidates will not be considered" or "must be currently employed." What??? Can this be for real???
The thought process of companies not hiring "out of work job applicants" seems to be that they believe the job-seeker must've been laid off due to performance issues. While I would agree that some workers probably were cut due to performance issues, the number of viable, highly skilled people seeking work is astronomical. Don't these companies realize that they hold the key to turning the economy around? Paying jobs = paying the mortgage = less foreclosures and short sales. Paying jobs = more spending = better economic conditions. Hello!
A recently passed tax break, which essentially exempts firms that hire unemployed job seekers from paying the 6.2% of the new hire's wages in Social Security taxes for the rest of this year, might change their tune. Let's hope so!
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Catherine Condon, Broker MA & NH