JPMorganChase Champions Delaware's Hidden Workers Initiative
Revolutionizing Hiring Practices in Delaware
In a groundbreaking move to tackle labor shortages and connect underserved communities with quality job opportunities, JPMorganChase has launched the Delaware Equitable Hiring Initiative (DE EHI). This project is set to transform the hiring landscape by focusing on diverse talent often overlooked by employers.
Addressing the Labor Shortage Crisis
The project emerges amidst an urgent labor crisis, where Delaware businesses are facing significant challenges. Currently, for every 100 open jobs, there are only 63 available workers. This shortage is exacerbated by traditional hiring methods that often perpetuate biases, making it difficult for qualified candidates from the local community to secure jobs.
Empowering Hidden Workers
Maha Jweied, CEO of RBIJ, emphasized the importance of recognizing the potential of 'hidden workers' — individuals such as caregivers, veterans, and immigrants who bring unparalleled skills and experiences. By providing these individuals with equal access to hiring opportunities, the initiative seeks not only to benefit local employers but also to nourish the economic fabric of the community.
Strategies for Change
The DE EHI will develop enhanced hiring processes tailored to ensure that businesses in Delaware can attract and retain diverse talent. This includes technical assistance, resource connections, and opportunities for collaborative learning among peers in the community.
Long-Term Commitment to Equitable Opportunities
JPMorganChase is actively reinforcing its dedication to inclusive practices through this initiative. Tom Horne, the Delaware Market Leader for JPMorganChase, stated the firm’s commitment to expanding fair access and supporting businesses in fostering inclusive environments.
Partnerships for Greater Impact
Key partnerships have already been established with the Delaware Transit Corporation and the Delaware Department of Human Resources. These partnerships aim to expand job opportunities in transit and other sectors, emphasizing the overall community’s capacity for growth.
Community Engagement and Inclusion
RBIJ encourages local businesses to join this mission, highlighting how adopting inclusive hiring strategies can elevate workforce development and improve local economies. By working together, they can dismantle barriers and guarantee that every individual has a fair chance at success.
About the Initiators
The Responsible Business Initiative for Justice (RBIJ) is an international nonprofit committed to advancing justice, public safety, and community strengthening. Their initiatives, including the innovative Unlock Potential program, have been recognized nationwide as essential for fostering inclusivity in hiring practices.
JPMorgan Chase's Commitment to Community
As part of its ongoing commitment to corporate responsibility, JPMorgan Chase (NYSE: JPM) leads in various financial services domains while actively promoting inclusive economic opportunities for all individuals. With extensive resources and expertise, the firm is focused on creating systemic change to benefit marginalized populations.
Frequently Asked Questions
What is the Delaware Equitable Hiring Initiative?
The Delaware Equitable Hiring Initiative aims to connect underserved communities, often referred to as 'hidden workers', to job opportunities by promoting equitable hiring practices.
Who launched the initiative?
The initiative is launched by the Responsible Business Initiative for Justice (RBIJ) in collaboration with JPMorganChase.
Why is there a labor shortage in Delaware?
Delaware faces a labor shortage with only 63 available workers for every 100 open positions, largely due to traditional hiring practices that exclude diverse talent.
What are 'hidden workers'?
Hidden workers include individuals who are often overlooked by conventional hiring practices, such as caregivers, veterans, and those impacted by the justice system.
How can businesses get involved?
Local businesses can join the initiative by adopting inclusive hiring strategies and engaging with RBIJ to learn more about equitable practices.
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