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(CNN) -- JPMorgan wants to give people with criminal records a second chance at a good job.The United States is boasting its lowest unemployment rate in nearly 50 years, but that doesn't hold true for people with prior convictions. Enter the largest bank in the country, which said on Monday it wants to level the playing field."When someone cannot get their foot in the door to compete for a job, it is bad for business and bad for communities that need access to economic opportunity," said JPMorgan CEO Jamie Dimon in a press release.The bank said it wants to broaden its pool of potential employees after already hiring some people with a conviction on their record for entry-level jobs, like transaction processing and account servicing.The United States loses between billion and billion in annual GDP by excluding people who have a criminal record from the workforce, according to the bank. Studies also show that providing education and opportunities also reduces recidivism."Jamie [Dimon] believes, and we believe as a firm, that business has an important role to play in building a more inclusive economy," Heather Higginbottom, president of the newly launched JPMorgan Chase PolicyCenter, told CNN Business.Financial institutions are regulated by the Federal Deposit Insurance Corporation as far as hiring goes. The agency began relaxing the rules last year.JPMorgan has now "banned the box" that asks prospective employees whether they have a criminal record.Barriers to entryBut there are still plenty of employers requiring the disclosure of prior convictions, and that poses a barrier to entry to the job market for people with a criminal background.Because of that, the unemployment rate is much higher for Americans with records than for those without. In fact, it's an estimated 27% for the roughly five million formerly incarcerated people in the country, according to JPMorgan. That is compared with 3.5% for the United States as a whole.A record that is eligible for pardon or to get expunged shouldn't matter for a job applicant, Higginbottom said.But if you robbed a bank, chances are you're still not getting hired by JPMorgan."We're not lowering our hiring standards," Higginbottom said.Last year, 10% of its hires — 2,100 people — had some sort of criminal record, she added. Crimes ranged from disorderly conduct to personal drug possessions and DUI charges.Getting a record expunged can be confusing and the process differs from state to state, Higginbottom said. A study done in Michigan showed that only 6.5% of people eligible for a clean slate actually go through the process of expunging their records. Pennsylvania, Utah and California have passed laws to automate the process. A handful of other states are moving to do the same.JPMorgan said it will be working with community organizations that can help guide people in the process.The bank said it will invest some billion in community organizations in cities including Chicago, Detroit and Nashville to support people with a criminal past. 3046

(KGTV) - Did a prison inmate really try to escape by posing as his teenage daughter?Yes!Police in Brazil say Clavino Da Silva took his 19-year-old daughter's clothes when she came to visit him.He somehow got ahold of a silicon mask and wig and tried to walk out of the prison. But the guards stopped him when he acted nervous.They say he left his daughter in the prison cell. She is now being investigated for her possible role as an accomplice.Da Silva faces disciplinary actions. 491

(KGTV) - Did Canada's Green Party really photoshop a picture of its leader to make it look like she was holding a reusable cup?Yes.The party put out a picture of leader Elizabeth May holding a reusable plastic cup with the Green Party logo and a metal straw.But it was a fake. The real version showed May holding a single-use disposable cup.A spokesperson for the Green Party said the manipulation was done so the party's logo could be displayed in the picture.May says she had no knowledge of the doctoring and the cup she was carrying was compostable. 562

(KGTV) - A CH-53 helicopter pilot is inspiring a younger generation at the MCAS Miramar Air Show.10News reporter Natay Holmes talked with her about the aircraft.Learn more about the MCAS Miramar Air Show here. 217

(KGTV) -- A large number of applicants flooding California State University's website forced the school to extend its deadline. The university system tweeted Saturday that an “extremely high volume of applicants were attempting to submit applications.” As a result, CSU extended the deadline to December 1, 2019 at 11:59 p.m. RELATED: Audit says CSU stashed away .5 billion and raised tuitionIt’s unclear how many applicants were having trouble submitting applications Saturday. Click here for more information on the extended deadline. The university is spread out across 23 campuses and eight off-campus centers, making up the nation’s largest four-year public university system. As of 2019, 481,000 students attend the university. 744

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