Ilya Marritz covers business for WNYC.
Council Considers Ban of Credit Checks on Job Applicants
Thursday, April 11, 2013
The New York City Council is set to debate a measure that would stop employers from doing credit checks on job applicants.
Councilman Brad Lander said credit reports weren't designed to be a hiring tool, and they're not a good indicator of whether a person will be a good worker.
Large retailers, however, have argued that credit checks are a useful tool in vetting executives and managers.
The Stop Credit Discrimination in Employment Act is the latest piece of pro-labor legislation to emerge from the Council.
Last month, the Council approved a law to require paid sick days for most workers and banned employment discrimination against jobless people.