Comstock's magazine 0618-JUNE 2018 - Page 79

Program, provides free bonding insurance for employers who hire at-risk applicants, including those with a crimi- nal record. There’s a reason the government incentivizes em- ploying this group. A number of studies support the importance of jobs in decreasing recidivism — the rate at which those with a record reoffend. More than one in four California adults has an arrest or conviction record, ac- cording to calculations by the National Employment Law Project using data from a federal survey of state criminal history databases. All but 4 percent of those in Califor- nia’s prison system will eventually be released, says Milo Fitch of the California Prison Industry Authority. In a 2011 study, employed ex-offenders were half as likely as those without jobs to be re-arrested by about 20 months after their release from prison. Jake Meehan, Northern Cali- fornia Construction Training’s vice president, says that the reoffense rate for people who go through the NCCT program is about 10 percent, compared with a statewide figure of 46 percent. A 2014 study found that offenders in the state prison system who get career technical educa- tion through CALPIA while they’re still behind bars have a 7 percent recidivism rate once released. In part that’s because having a job creates a positive peer support group of people who aren’t engaging in criminal activity, says Marc Nigel, director of alternative education at Sacramento County Office of Education’s adult re-entry programs. And a legitimate source of money matters too: Those who serve time are often loaded with heavy financial burdens the minute they’re set free. (For example, at least one in five prisoners owe child support payments, which keep accruing while they’re behind bars.) When job opportunities decrease further upon release, former inmates can see returning to crime as their only viable option.“I’ve seen young people who give up after being out and not being able to find a job,” says Esteban Nuñez of the nonprofit Anti-Recidivism Coalition’s Sacramento office. “They’re couch surfing and finally say, ‘I can’t do this anymore — I have to go back to what I know.” Keeping them from returning to that lifestyle saves tax- payers money: Incarcerating a prisoner costs about $71,000 a year in a state prison system that has about 30 percent more inmates than it was designed to hold, according to April fig- ures from the state. “[When they get a job], all of a sudden you’ve got people paying taxes instead of the system sustaining them,” says RESOLVE The ability to resolve complex issues and communicate clear and concise decisions. EisnerAmper’s Financial Advisory Services Practice provides forensic accounting, valuation, economic damages and expert testimony in complex disputes. We also specialize in restructuring and investigative advisory services to distressed companies, unsecured creditors, senior lenders and trustees in the middle-market environment. We have the highest level of expertise in the following areas: Forensic Accounting & Dispute Analysis Valuation Monitoring & Corporate Investigation Offshore & Cross Border Insolvency Bankruptcy & Restructuring Our professionals work with clients to gather, interpret, analyze and evaluate economic and financial records, presenting clear and supportable findings and expert opinions. Learn more at EisnerAmper.com/FAS June 2018 | comstocksmag.com 55