One in three American adults — more than 70 million people — have some type of criminal record.?To put this in perspective, about the same number of Americans have college degrees right now. ? Unfortunately, these Americans, who were incarcerated or have a conviction on their record, are essentially unable to secure good jobs in this country. Nearly half of formerly incarcerated people are unemployed one year after leaving prison. That is a moral outrage. ? At JPMorgan Chase & Co., we’ve taken several steps to tackle this, and roughly 10% of our new hires in the U.S. in 2020 joined after having a criminal background. But to create real systemic change, we need better public policy. An inclusive economy — in which there is equal access to opportunity — is a stronger, more resilient economy. That’s something we should all get behind.