an expansion of its efforts to hire people with criminal backgrounds Monday, continuing the trend of big companies “banning the box” and giving people second chances.
JPMorgan Chase hired 2,100 people with criminal records in 2018, which equals about 10% of their total hires last year. The bank knows those people have records, because they conduct background checks on applicants after a job offer has been made. Applicants with criminal records are being considered for entry-level jobs like account servicing and transaction processing, according to the bank’sThe unemployment rate for formerly incarcerated people is 27%, while the nationwide unemployment rate is 3.5%, according to the bank.
Labor market is tight
KylaJOliver1 😂 thank you for sharing. The hypocrisy is out of this world. Glad I don’t work for a bank anymore.
They just wanted their traders to have some company.
mr_jettlife
Glad to hear. In this economy everyone can work!
And they were all bankers who committed irresponsible lending
everyone needs a 2nd chance...
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Source: BusinessInsider - 🏆 729. / 51 Read more »