Staffing Industry Insurance: Unemployment Discrimination
While unemployment rates are down for millions of Americans, there is one group that still lags far behind when it comes to securing that illusive job offer. According to recent estimates from the U.S. Bureau of Labor Statistics, roughly 2.9 million Americans have been out of work for six months or longer. While that number has wavered slightly in recent months, countless studies indicated that the length of time one spends out of work significantly impacts their ability to secure a job offer.
Research shows that job seekers who are out of work for between one and six months have a roughly 13 percent call back rate for jobs for open positions which meet their qualifications, and a 9 percent chance of being called in for an interview requiring a different skill set. By comparison, job seekers who have been out of work for over six months often experience call-back rates of roughly 3 percent for positions in their field and 1 percent for other opportunities.
To combat the problem, legislators have been fighting to include unemployment in employment discrimination laws. In 2012 Oregon, California and the District of Columbia passed such legislation, however similar measures failed in many other states. Since 2013, nine states are considering hiring discrimination bills which would prohibit employers from factoring length of time between jobs or length of unemployment when evaluating a candidate.
Employment discrimination is one of the countless risk exposures staffing industry professionals face due to ever changing legislation and human error. Even small accidental incidents can turn into a catastrophe for staffing professionals if not properly mitigated. At World Wide Specialty Programs, we understand that the staffing and employment industry faces a variety of unique risk exposure and factors. That’s why we offer the best staffing industry instance solutions in the industry. Whether your clients are simply seeking the best Employment Practices Liability coverage or complete staffing insurance coverage, we can help secure solutions to fit their needs. Give our Staffing Industry Insurance specialists a call today at (877) 256-0468 to learn more about all of our offerings.