Formerly incarcerated people have historically struggled with a high unemployment rate, which the Prison Policy Initiative’s 2018 report estimated to be 27%. But the U.S. labor shortage is now changing things up.
More employers — from railroad companies to Wall Street bankers — are recruiting people who’ve served prison time.
“In a survey,” the Wall Street Journal reports, “of almost 900 human-resources professionals by the Society for Human Resource Management Foundation that concluded in January, 46% said they recruited people with criminal records more often than they did a year ago.”
One of the large companies at the forefront of second-chance hiring is JPMorgan Chase. Approximately a tenth of the company’s hires (about 4,300 people) last year had a criminal background.
Check out the Harvard Business Review piece at the top of our list below to learn why the deaf community is another overlooked talent pool. And further down our list of must-read articles for talent professionals, you can learn how to make hybrid offices more appealing; discover the newest remote work program in Portugal; and figure out why hoarding employees might actually be good for the economy.
Here are the must-read articles from this week:
- More Businesses Want to Hire People with Criminal Records Amid Tight Job Market (Wall Street Journal)
- How Learning and Development Can Quell Quiet Quitting (Forbes)
- The Economy That Just Won’t Quit: Why Jobs Keep Getting Created (Josh Bersin)
- Companies Hoarding Workers Could Be Good News for the Economy (The New York Times)
- Is Your Organization Inclusive of Deaf Employees? (Harvard Business Review)
- 4 Ways to Make Your Hybrid Office More Appealing (LinkedIn Pulse)
- Sun and Beach as You Work? Portugal Is Latest with Digital-Nomad Visa (The Washington Post)
- The Toll of Job Insecurity in Turbulent Economic Times (BBC Worklife)
- In-Demand Jobs Right Now (LinkedIn Talent Blog)
- Occupations Facing Skills Shortages in Australia Almost Doubled in Past Year (The Guardian)
This week’s must-listen podcast:
Office Design: Working Towards Joy (Quartz)
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