by Beth Connolly on July 30, 2012
A new research paper suggests potential employers think less of unemployed job candidates no matter how briefly they’ve been out of work. And it doesn’t matter whether workers quit voluntarily or were laid off through no fault of their own.
“Although it has long been theorized that the simple fact of being unemployed carries a stigma, the idea has never really been tested outside some studies by economists who have focused on the duration issue,” said Geoffrey C. Ho, a doctoral candidate at the UCLA Anderson School of Management who co-authored the article.
“We found bias against the jobless, among human-resource professionals as well as among the broader public, virtually from the outset of unemployment,” Ho said.
More than 5 million Americans have been unemployed for six months or longer.
Read the full story at the Huffington Post.
Want a daily digest of articles like this one, plus the latest Wall Street jobs at top-tier organizations? Join 25,000 other Wall Street professionals and subscribe to our free afternoon newsletter. You may also be interested in our Wall Street Job Board, offering hundreds of new jobs at world-class financial institutions. . Where do you find news, style, and career all in one place? The Executive Gateway, our new lifestyle magazine.