Arrow-right Camera

The Spokesman-Review Newspaper The Spokesman-Review

Thursday, October 29, 2020  Spokane, Washington  Est. May 19, 1883
Clear Day 58° Clear
News >  Business

JPMorgan to push to hire more with criminal records

This Thursday, Nov. 29, 2018, photo shows a Wells Fargo bank location in Philadelphia. JPMorgan Chase & Co. reports financial results Tuesday, Oct. 14, 2019. (AP Photo/Matt Rourke) ORG XMIT: NYBZ267 (Matt Rourke / AP)
This Thursday, Nov. 29, 2018, photo shows a Wells Fargo bank location in Philadelphia. JPMorgan Chase & Co. reports financial results Tuesday, Oct. 14, 2019. (AP Photo/Matt Rourke) ORG XMIT: NYBZ267 (Matt Rourke / AP)
Associated Press

NEW YORK – JPMorgan Chase & Co. is announcing an expansion of its policy to hire more people with criminal records, potentially giving more former offenders a second chance to find work.

The bank said it plans to spend $7 million to support programs in Chicago, Detroit, Seattle, New York City, Nashville, Tennessee, and Delaware that work with people with criminal backgrounds to develop career skills. The bank already stopped putting questions about a person’s criminal background on its applications and each year hires 2,100 people in the United States with criminal backgrounds.

JPMorgan also plans to add the issue to its public policy agenda. It will also push financial and federal regulators to allow more hiring of those with criminal backgrounds.

The Spokesman-Review Newspaper

Local journalism is essential.

Give directly to The Spokesman-Review's Northwest Passages community forums series -- which helps to offset the costs of several reporter and editor positions at the newspaper -- by using the easy options below. Gifts processed in this system are not tax deductible, but are predominately used to help meet the local financial requirements needed to receive national matching-grant funds.

Subscribe to the Coronavirus newsletter

Get the day’s latest Coronavirus news delivered to your inbox by subscribing to our newsletter.


New health insurance plans available Nov. 1 through Washington Healthplanfinder

 (Photo courtesy WAHBE)
Sponsored

Fall means the onset of the cold and flu season.