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Second Chance Agenda
One in three Americans have an arrest or conviction record, creating significant barriers to employment and economic opportunity for a substantial number of working-age adults. That’s why JPMorgan Chase has expanded its commitment to giving people with criminal backgrounds across the U.S. a Second Chance by supporting their reentry into the workforce, community and local economies.
This is part of the company’s efforts to create greater economic opportunity for more people by using its business resources and expertise – including data, research, talent and philanthropic investments – as well as through collaboration with policy, business and community leaders.
To drive change, the PolicyCenter will focus on helping people with arrest or conviction histories in the following ways:
Hiring Rules Reformed
FDIC has enabled more individuals with records to work for regulated institutions.
Pell Grants Restored
Eligibility for Pell Grants in prison has been restored, increasing employment opportunities after release.
“Clean Slate” Automatic Record Clearing
Automatic record clearing for eligible federal and state offenses can streamline the process and boost employment.
Reforming Fines and Fees
Reform state and municipal laws to address debt-based driver’s license suspensions.
“We must change the way we do business and keep investing in the people and places that have not benefited from growth. I am optimistic that when we work together to fight racial inequity and rebuild our economy, all people will benefit.”
News & Stories
JPMorgan Chase Expands Second Chance Hiring Efforts in Columbus
Firm to expand its efforts to hire people with criminal backgrounds by enhancing its recruitment strategy in collaboration with local community organizations 10 percent of new JPMorgan Chase employees in the U.S. - over 2,100 in 2020 - are Second Chance hires