NATIONAL TECHHIRE INITIATIVE GROWS TO 71 COMMUNITIES ACROSS THE US, CREATING PATHWAYS TO ECONOMIC PROSPERITY FOR ALL AMERICANS

WASHINGTON, DC (December 1st, 2016)- The National TechHire Initiative just announced 20 TechHire communities will be joining the movement to create pathways for more Americans to access well-paying tech jobs and expanding local tech sectors across the country. This brings the TechHire national network of 71 communities in receiving support to spearhead efforts to help overlooked and underrepresented Americans start technology careers.
 
“We are thrilled to welcome these 20 new communities to TechHire,” said Tess Posner, Managing Director of TechHire at Opportunity@Work, “These communities have demonstrated a true commitment to igniting local economic growth and increase tech opportunities for their residents, and we look forward to working closely with them to help implement, grow, and amplify their efforts.”
 
The 20 new communities who will be joining the National TechHire Initiative include:

  • Alachua and Bradford Counties, FL
  • Anchorage, AK
  • Arizona
  • Bellevue, WA
  • Boston, MA
  • Carroll County, MD
  • Central Florida
  • El Paso County, TX
  • Howard County, MD
  • Mobile, AL
  • Oklahoma City, OK
  • Omaha, NE
  • Pensacola, FL
  • Puerto Rico
  • Santa Fe and Northern New Mexico
  • Stamford, CT
  • Tampa Bay Metro Region, FL
  • Toledo, OH
  • Trenton City, NJ
  • Tulsa, OK 

TechHire was launched out of the White House in 2015 to build inclusive tech talent pipelines in 21 pilot communities. Since then, TechHire has grown to a network of over 400 partners and 1300 employers, in 71 cities, states and rural areas who have placed over 4000 people in jobs.  Each TechHire community is led by one local organization, who works together with a network of partners to expand training, support and access for job seekers, and then connects them to a network of employers looking for tech talent.
 
Each TechHire community goes through an intensive and competitive application process to demonstrate their level of commitment and readiness in expanding the technology sector. This TechHire designation shows that these twenty communities have the partners, employers, training providers, and the civil leadership support needed to implement and scale tech job opportunities for everyone.
 
To read more about TechHire or join the movement, please visit TechHire.org and check out the White House Fact Sheet here for the summary of new communities.
 
ABOUT TECHHIRE
TechHire, an initiative powered by Opportunity@Work, is a nationwide, community-based movement that helps underrepresented job seekers start careers in the technology industry. TechHire partners with education providers from across the tech community to teach in-demand skills to people who want to take part in the modern economy—from overlooked youth, to veterans, to the long-term unemployed; and helps them find jobs by connecting them to a network of employers looking for tech talent. To learn more, visit www.techhire.org.
 
ABOUT OPPORTUNITY@WORK
Opportunity@Work is a nonprofit social enterprise with a mission to expand access to career opportunities so that all Americans can work, learn, and earn to their full potential in a dynamic economy. By 2025, Opportunity@Work will empower over 1 million Americans, creating $20 billion+ per year of additional earnings for Americans across the country. Opportunity@Work expands access to career opportunities for all by building partnerships with employers, community organizations, civic leadership and job seekers to transform hiring practices, expand learning pathways, and pioneer talent financing. To learn more, visit www.opportunityatwork.org.

Media Contact:
Tari Linda Lau, Communications Associate
Opportunity@Work
(202) 596 - 3611
tari@opportunityatwork.org
 
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OPPORTUNITY@WORK PRESIDENT AND CO-FOUNDER BYRON AUGUSTE TO KEYNOTE THE NATIONAL INITIATIVE FOR CYBERSECURITY EDUCATION (NICE) 2016 CONFERENCE AND EXPO

Washington D.C. (October 27, 2016) – Opportunity@Work President & Co-Founder Byron Auguste will provide the keynote address for the NICE 2016 Conference and Expo being held in Kansas City, MO on Tuesday, November 1st 2016. This event is supported by the National Initiative for Cybersecurity Education (NICE), a program of the National Institute of Standards and Technology in the U.S. Department of Commerce, under a Cooperative Agreement. The 2016 NICE Conference and Expo will feature thought leaders from education, government, industry and non-profits who are addressing the cybersecurity education, training, and workforce needs of the nation.

In his remarks, “ReWiring the Labor Market to Drive Innovation in Cybersecurity”, Byron Auguste will address how we can ensure that motivated Americans will get the skills they need to find meaningful work, to thrive in the workplace, and to move forward in the job market. He will speak to the need to build a flexible, dynamic, and common "operating system" for the labor market that employers, educators, workers, and job seekers can plug into as a tool to better align their own investments with each other's priorities, recognize potential, and respond to market needs.  If this vision is achieved at scale, it would result in higher-value education and training programs; more inclusive and better-matched pools of candidates to hire; and a more engaged and productive workforce.

Who: 
Byron Auguste, President & Co-Founder, Opportunity@Work

What: 
2016 NICE Conference and Expo

When: 
Tuesday November 1st, 2016
Keynote: 8:40 AM - 9:25 AM

Where: 
The Westin Kansas City Crown Center
1 E Pershing Road
Kansas City, MO 64108 

About Opportunity@Work

Opportunity@Work is a social enterprise whose mission is to expand career opportunities so that all Americans can work, learn, and earn to their full potential. TechHire, Opportunity@Work’s flagship project, is a national initiative to create pathways for more Americans to access well-paying tech jobs and expand local tech sectors in communities across the country. TechHire enables employers to fill entry-level, career-path, skilled tech jobs, by hiring trained job seekers with the ability to do the job - but who are overlooked by typical hiring practices and/or underrepresented in the IT field. To learn more, visit www.techhire.org. 

About the National Initiative for Cybersecurity (NICE)

The National Initiative for Cybersecurity Education (NICE), led by the National Institute of Standards and Technology (NIST), is a partnership between government, academia, and the private sector focused on cybersecurity education, training, and workforce development. The mission of NICE is to energize and promote a robust network and an ecosystem of cybersecurity education, training, and workforce development. NICE fulfills this mission by coordinating with government, academic, and industry partners to build on existing successful programs, facilitate change and innovation, and bring leadership and vision to increase the number of skilled cybersecurity professionals helping to keep our nation secure.

Media Contact:
Tari Linda Lau, Communications Associate
Opportunity@Work
(202) 596 - 3611
tari@opportunityatwork.org

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OPPORTUNITY@WORK PROJECT DIRECTOR DAMIAN EWENS ANNOUNCED AS 2016 RI TECH10 AWARD WINNER

The Tech10 Awards honor individuals and companies driving innovation, education,  and growth; as an award winner, Opportunity@Work Project Director Damian Ewens will be recognized at celebration event on Nov. 10

Providence, Rhode Island (October 25, 2016) – Opportunity@Work Project Director Damian Ewens has been announced as one of 2016 Tech10 Workforce Champion Award recipients by Tech Collective, Rhode Island’s industry association for Information Technology and Bioscience, in partnership with Rhode Island Monthly. The newly expanded program honors fourteen Rhode Island individuals and companies within ten technology related categories. Honorees will be recognized at a celebration event on Thursday, Nov. 10, 2016 from 5:30-7:30 pm at the Providence Downtown Marriot in Providence, RI. 

“I’m honored to be recognized as an RI Tech10 Workforce Champion,” said Damian Ewens, Project Director at Oppportunity@Work and TechHire Rhode Island (TechHireRI), “At TechHireRI, we are seeing real success in connecting talented but overlooked Rhode Islanders to unfilled IT jobs in Rhode Island and companies are taking notice."
This year’s Tech10 continues to distinguish Rhode Island’s brightest entrepreneurs and IT practitioners as well as showcasing organizations who are driving innovation and education across Rhode Island. The Tech10 awards celebrate the exceptional participants and organizations within the technology community.

“Congratulations 2016 Tech10 Award winners! We are honored to recognize these influential individuals and innovate companies”, said John Smithers, CEO of Tech Collective. “As engines of change, participants’ enthusiasm and dedication contribute to the state’s economic growth. We look forward to their continued successes!” 

The 2016 Tech10 Awards are sponsored by Amica Insurance, Cox Business, OSHEAN, Lightower, Bryant University’s Executive Development Center, SkillsUSA Rhode Island and NetCenergy. Award recipients will be honored at a Tech10 Awards recognition event on Thursday, November 10, 2016 from 5:30 – 7:30 p.m. at the Providence Downtown Marriot in Providence, RI.  This year’s recipients are also profiled in the November issue of Rhode Island Monthly, which is on newsstands now. 

“We are pleased to highlight the talents of these individuals and all that they do for their businesses and the community,” said John Palumbo, publisher of Rhode Island Monthly. “Our partnership with the Tech Collective is an important one as we celebrate the importance of the work of this group of industry leaders and the key role technology plays as a driver of the Rhode Island economy.”

The complete list of Tech10 award recipients are below.

2016 Tech10 Award Recipients: 

Entrepreneurship/ Startups    
             Kerri LeMoie, Founder & CEO, OpenWorks Group
             Pat Sabatino, CEO & Founder, Datarista
Techies to watch
             Mike Barry, Lead Software Developer, Amica Mutual Insurance
CIO/CTO    
             Jason Viera, VP of Engineering, Carousel Industries
Community Partner    
             Junior Achievement
Youth Engagement    
              Mary Johnson, Executive Director, RI Students of the Future
Tech Education    
              Skills USA Rhode Island
              Don Gregory, Technology Instructor, Providence Public Library
Workforce Champion     
              Joe Devine, Partner, Bridge Technical Talent
              Damian Ewens, Project Director, Opportunity at Work
Women in Tech    
               Carrie Majewski, Director of Marketing, Atrion
Company Innovation    
               Gerald Deane, President/CEO, Echo Messaging Systems                
               Mojo Tech
Corporate Giving    
                FM Global         

Tech10 recipients were chosen by this year’s Tech10 Judging Committee based on application submissions collected June – August 2015. View past Award winners, videos, attend the Tech10 Awards recognition event, and learn more at www.tech10awards.com. Follow Tech10 on twitter #Tech10RI. 

About Opportunity@Work
Opportunity@Work is a social enterprise whose mission is to expand career opportunities so that all Americans can work, learn, and earn their full potential. TechHire, Opportunity@Work’s flagship project, is a national initiative to create pathways for more Americans to access well-paying tech jobs and expand local tech sectors in communities across the country. TechHire enables employers to fill entry-level, career-path, skilled tech jobs, by hiring trained job seekers with the ability to do the job - but who are overlooked by typical hiring practices and/or underrepresented in the IT field.

About Rhode Island Monthly Communications
Rhode Island Monthly Communications, Inc. is a locally owned multi-platform publisher of magazines and specialty publications, including custom publishing projects. Products include several lifestyle and tourism publications serving residents of – and visitors to – Rhode Island and Southeastern Massachusetts.

About Tech Collective
Tech Collective is Rhode Island’s Information Technology and Bioscience Industry Association. We foster the growth, innovation, and economic momentum of Rhode Island’s high-tech industries and workforce. Collaborating with local and national government, industry, and academic partners, Tech Collective programs directly impact Rhode Island. Since its transition from the Rhode Island Technology Council (RITEC) in 2004, Tech Collective has received more than $12M in federal, state, and private grant funding. Awards and funding include Governor’s Workforce Board RI Industry Partnerships, Real Jobs RI, Ready to Work/ Tech Force RI, and national recognition with the state of Rhode Island from President Obama’s TechHire initiative.
Get connected to Tech Collective at www.tech-collective.org, on LinkedIn (Tech-Collective), on Twitter (@Tech_Collective), and on Facebook (TechCollectiveRI).

Media Contact:
Amanda Roman, Events & Communications Coordinator
Tech Collective
aroman@tech-collective.org

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THE TECHHIRE ECOSYSTEM THRIVES:

VICE PRESIDENT BIDEN VISITS TECHHIRE PARRTNER LAUNCHCODE TO AMPLIFY SKILLS-BASED HIRING PRACTICES FOR TECH JOBS

Washington D.C. (September 9, 2016)- TechHire, an initiative created to expand local tech sectors across the country has received thriving support from communities, partners, and employers committed to help close the opportunity gap by training, supporting and hiring underrepresented and overlooked tech talent. Since its start in 2015, TechHire has very quickly expanded and attracted the support from individuals and organizations across the board looking to fill unfilled tech jobs with talented individuals across the country. 

“TechHire began in 21 pilot communities in 2015- and now it’s grown to 51 communities, over 1000 employers, and over 400 partners who together placed 2387 people to jobs in 2015.” said Tess Posner, Director of TechHire at Opportunity@Work. “Communities are planning to double that placement this year. Many new cities, employers and partners are joining the TechHire movement to expand job opportunity and economic growth in their regions.” 

To amplify TechHire’s success and best practices, Vice President Joe Biden visited LaunchCode- one of TechHire’s first partners- today to praise the program and spoke with the heads of Mastercard, Express Scripts, and Boeing on how the TechHire movement is making waves in changing hiring practices for IT. “We have 500,000 open IT jobs today and by 2022 it'll be 1.2 million,” Vice President Biden told the crowd for more than 100 people, “and 40% don't require a college degree.” The TechHire movement focuses on helping Americans who can do the job, get the job- regardless on whether they have a college degree or not. To further the efforts of getting underrepresented and overlooked Americans into the tech field, Vice President Biden also announced the Tech Opportunity Fund, a partnership created by The Iron Yard, Code Fellows and Operation HOPE, to award $100 million in full-tuition code school diversity scholarships. 

To join the TechHire ecosystem, visit www.techhire.org to sign yourself or your community up. 

Vice President Biden’s speech and roundtable discussion at LaunchCode can be found here: https://www.youtube.com/watch?v=pgbUGVOqDSk

ABOUT TECHHIRE
TechHire is a national initiative creating pathways for more Americans to access well-paying tech jobs. TechHire is currently comprised of 51 states, cities, and regions across the country who, through civic aggregation, are working to build an ecosystem where governments, employers, training providers and other stakeholders work together in collective action to achieve a unified goal – developing a pipeline of diverse, non-traditional talent to meet employers’ rapidly growing IT demands.

Media Contact:
Tari Linda Lau
tari@opportunityatwork.org

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Opportunity@Work Celebrates TechHire Initiative First Anniversary, Hires Director of TechHire


WASHINGTON, DC (March 9, 2016) — Today, the White House marked the one year anniversary of TechHire with an announcement that 15 new communities are joining the initiative. Last March, President Obama kicked off TechHire with 21 cities, states, and rural areas nationwide committing to address the current over 500,000* open information technology (IT) jobs in the United States. Already, over 600 employers-from HealthPartners, Monsanto, CVS Health, JP Morgan Chase, Anheuser-Busch, to FedEx-have signed on to the TechHire initiative with the goal of hiring (or offering paid apprenticeships with the intention to hire) people on the basis of knowledge, not whether or where they went to college. The announcement today brings the total number to 50 communities– and their governors, mayors, employers, training institutions, technology associations, and other civic organizations – that have signed on to take action to create a better marketplace for skilled individuals to be placed into IT jobs.

Opportunity@Work, launched in March 2015 and based at New America, made a commitment to support the TechHire initiative and to facilitate the successful implementation and growth of the project. Opportunity@Work is a not-for-profit organization whose mission is to secure a future of robust opportunity in which all Americans can learn, pursue and realize their potential contribution. Opportunity@Work has a vision for a labor market where those who have the potential to perform a job successfully have the opportunity to obtain that job.

In the past year, Opportunity@Work has created a national learning network for all TechHire communities, their partners, and participating employers and hosted 19 bi-monthly webinars on which TechHire communities share best practices and common challenges. The team also launched the site TechHire.org, a resource for current and prospective TechHire partners including civic, private sector, and not-for profit institutions.

Byron Auguste, Managing Director and Co-founder explained,  “TechHire is emerging as a superior network to connect employers with IT hiring needs to individuals who possess the skills and motivation to be successful employees, but whose non-traditional pathways to acquiring those skills too often render them “invisible” to traditional recruiting processes.”

In order to scale up support for TechHire communities and employers, today Opportunity@Work is releasing version 2.0 of TechHire.org with new functionality and for the first time, pages for each of the 50 communities. This online platform enables TechHire communities to share key information on their activities with their own stakeholders and makes visible the progress and collaborative work underway in each TechHire community. It will connect employers with quality candidates to fill their IT jobs through TechHire, shares data on open IT positions, and provides an opportunity to share progress and exchange best practices. To increase equity and access, Opportunity@Work also plans to launch a pay-it-forward financing program to enable low-income Americans to access high-quality accelerated IT training to get into well-paying technology jobs.

In addition to celebrating TechHire’s first anniversary, Opportunity@Work is pleased to announce that it has hired Tess Posner as its first Director of TechHire.  She joins Opportunity@Work’s growing team that has been working closely with employers, training providers and community partners to support and grow TechHire’s impact nationwide. Ms. Posner most recently served as the Managing Director of the Samaschool in San Francisco. Samaschool was named one of the 13 most innovative schools in the world by Business Insider and recognized in TechCrunch, Stanford Social Innovation Review, Wired and Fast Company.

“TechHire represents an exciting opportunity to develop long-term shifts in the American labor market; allowing even more Americans to realize the dream of better paying jobs to help their families and communities prosper,” said Tess Posner. “Opportunity@Work is developing a great foundation for this initiative to achieve success.”

In her role as the Managing Director of Samaschool, Tess equipped low-income people to find work in the digital economy. Samaschool’s job training boot camps provided trainees with in-demand skills, resources and the support they needed to be successful in digital work and their careers. She grew the program from a pilot in San Francisco in 2013 to international adoption, now with eleven diverse locations from New York City to rural Arkansas to East Africa. In 2015, Tess oversaw Samaschool's development and launch of an online training platform, now serving students in 70 countries. 

According to Monique Morrow, CTO of New Frontiers of Development and Engineering at Cisco, “Tess Posner’s transition from Samaschool Managing Director to TechHire is natural. Her impact at Samaschool has simply been phenomenal, expanding beyond the USA to include Kenya and on-line opportunities.”

Samaschool’s approach to giving low-income populations 21st century skills to tap into the digital economy led it to be named one of the “13 most innovative schools in the world” by Business Insider, featured in TechCrunch, Fast Company and receive funding from organizations such as the Tipping Point Community, JPMorgan Chase, the California Endowment and the Robin Hood Foundation.

According to Opportunity@Work Co-Founder Karan Chopra, “Tess has spent her career working to increase equity and promote equal opportunity in the economy. Her passion for ensuring that all people have the chance to reach their full potential combined with her demonstrated success working at the intersection of education, workforce and employer hiring make her the ideal person to drive our work on TechHire. I am thrilled that Tess has joined our team.”

*Source: Burning Glass Technologies


About Opportunty@Work
Opportunity@Work’s goal is to empower 1 million more Americans to work and earn to their full potential over the next 10 years. Opportunity@Work is focusing first on IT jobs because these roles, which are critical for employers in almost every industry and pay fifty percent above the median wage, account for roughly fifteen percent of open jobs in the United States. These open IT jobs can be filled by fostering an ecosystem where job seekers can demonstrate their abilities, where training providers are focused on skills employers need, and where employers hire based on ability, not pedigree.

About TechHire
TechHire is a place-based effort led by communities and their partners – including governors, mayors, employers, training institutions, local technology associations, and other civic organizations – to take action to create a better marketplace for IT jobs. The 50 communities including cities, states, and rural areas have announced plans to create the pathways for recruiting and placing applicants based on their skills and to increase access to fast track tech training opportunities, based on market-wide hiring needs. The long-term objective of TechHire is to create the labor market conditions nationally that enable employers to "hire when ready" and job seekers to be aware of, prepare for, and connect with IT jobs and careers. By creating compelling proof points in communities throughout the country; uncovering common challenges; developing scalable solutions; and bringing to bear national and regional partnerships and resources, TechHire, with support from Opportunity@Work, will serve as a catalyst to transforming the broader labor market.

To find out about Opportunity@Work and TechHire:
www.techhire.org
https://www.facebook.com/opportunityatwork
https://twitter.com/OpptyatWork

Media Contact
Yolanda Townsend
media@opportunityatwork.org


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New JPMorgan Chase Report Reveals Uncertainty Over How Well Tech Training Programs Are Meeting Employers Needs

The report looks past the hype of the tech worker boom by charting the growth of and challenges facing tech training programs and evaluating what efforts work best

NEW YORK (March 8, 2016) – With half a million technology jobs currently open and nearly two million similar new jobs expected to be created in the next decade, a new JPMorgan Chase & Co. report released today reveals that the rapidly growing and quickly evolving tech training field faces unique obstacles for developing the skilled and diverse workforce required to meet a growing need in our economy. Drawing on some of the first research to look beyond the hype surrounding the boom in tech hiring, the report identifies real challenges in tech training, including inconsistent reporting and a shortage of data to measure the outcomes of training programs. It also analyzes new developments and improvements that could move to strengthen the impact of Information and Communication Technology (ICT) training.

The report, “Tech Jobs for All? Exploring the Promise and Pitfalls of Technology Training in the United States,” is a comprehensive look at programs designed to teach ICT skills, from apprenticeships to online courses to bootcamps. As part of JPMorgan Chase’s $250 million, five-year New Skills at Work initiative to address the mismatch between employer needs and the skills of job seekers, the report is the first resource of its kind to classify and offer accessible information on what types of ICT training programs exist, the different talent development needs these programs seek to meet and lessons from the tech training field.

“There’s a presumption that anyone can have a technology job, but there is ongoing uncertainty over whether tech training programs are successfully creating a skilled workforce that meets employers’ needs,” said Chauncy Lennon, of Workforce Initiatives, JPMorgan Chase. “The only way we’re going to know if they’re working is to ground claims of success in data, which is an ongoing challenge as more training programs continue to be developed. This report identifies the challenges, including the need for better data, to ensure rapidly developing training programs provide trainees with the skills to succeed.”

Tech Training Challenges
In addition to the problems faced by traditional workforce development programs, such as strong employer connections, the report finds tech training programs face exclusive and exacerbated challenges. These unique challenges include:

  • Lack of Data for Evaluation: The relative newness of these training programs means there is little or no data, or standards for reporting it, for employers, prospective participants or funders to know what programs or methods are successful. The data most training programs release do not show whether graduates take jobs in the field or whether they are still employed several years later.
  • Rigid Hiring Requirements: While the increasing consensus is that a college degree is not needed for most tech jobs, many companies still require them for job candidates and are slow to change how they evaluates candidates. Despite this, there’s increasing consensus that training can give job seekers the skills they need to succeed.
  • Lack of Diversity: Despite efforts to increase diversity, African-Americans and Latinos are still underrepresented in tech training programs.
  • Rapidly Changing Sector Needs: The fast-developing tech world makes it difficult for programs to predict the needs of companies years, or even months, in advance. The needs of employers or the field in general – can adjust in the time it takes a student to complete a training program. For example, the creation of a new coding language can change market demand.

As a key component of the “Tech Jobs for All” report, five models of tech training programs are identified and explored in detail, including traditional K-12 and postsecondary education, bootcamps, online courses, internships and apprenticeships, and programs that combine many of these methods into a single training program.

“Understanding the tech training landscape is a first step to ensuring a healthy training ecosystem,” said Byron Auguste, Managing Director of Opportunity@Work. “From here, we need to ensure that all participants in tech training have ways to demonstrate to employers the skills they’ve mastered, and that before investing time or money into these programs individuals and institutions have publicly available, standardized data on learning outcomes and job placement rates to choose effective training programs that will help achieve their goals.”

Employers and intermediaries are also playing important roles in workforce development. In order to match training to their needs, the report finds there is room for improved signaling from employers. At the same time, other intermediary organizations can help bridge the information gap between trainers and employers.

As tech training continues to expand to meet growing employer demand, the report offers several best practices and opportunities to help improve the field as a whole:  

  • New Pathways: Developing new opportunities for more participants to enter tech training jobs by introducing more people to technology as a career or providing people with the skills they need to enter training programs.
  • Skills Matching: Working directly with employers to ensure that trainees’ skills correlate directly to employer needs.
  • System of New Credentials: Creating innovative tools for programs and participants to clearly signal to employers that they have desired skills, either through certifications, portfolios or standardized curricula.
  • Intentional Efforts to Support Diversity: Making an effort to create or support programs with the goal of including students from disadvantaged or underrepresented communities.
  • Institutionalized Data Collection: Ensuring that programs collect and report standardized and quality data to better measure and improve the success of individual programs as well as the field as a whole.
  • Creating a Hub: Forming a system for effective communication toward collaboration, ensuring that programs meet actual need, and expand, replicate, and share best practices.

About the Report
This JPMorgan Chase report is a qualitative analysis of tech training programs of differing types authored by Freedman Consulting, LLC. The report draws from an array of data gathered through extensive background research on existing programs and in-depth interviews with over 30 experts in tech training, including practitioners, government officials, employers and participants.

About JPMorgan Chase
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.4 trillion and operations worldwide. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.


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