A new analysis by Bright sheds new light on the commonly reported claim that employers are biased against unemployed candidates when hiring new workers. As Bloomberg's Victoria Stillwell reports, that bias seems to be much smaller than previously understood.
In their analysis, the Bright team examined the percentages of employed and unemployed candidates who advance in the hiring process. When looking at the total pool of candidates, employed candidates advanced in the hiring process 22.7% more often than unemployed candidates. However, when Bright looked specifically at qualified candidates, based on its Bright Score algorithm that matches candidates to job descriptions, it found a very different picture. Among qualified candidates (those with a Bright Score of 70 or better for the job for which they applied), currently employed candidates were successful a mere 11.9% more often than were their unemployed counterparts.
While the Bright analysis doesn't identify the reason for the difference, the new data suggest that employers are more interested in candidates’ qualifications for a job than in their current employment status. Unemployment bias, while real, appears much less severe than thought.