JPMorgan CEO Jamie Dimon isn't worried about the US economy BossFiles with PoppyHarlowCNN Read: Listen:
New York JPMorgan Chase CEO Jamie Dimon wouldn't say if he believes the US economy is racist. But he does think it's"fundamentally anti-poor."
"If you live in certain parts of town, if you're white or Hispanic or black, you can pretty much be left behind," Dimon told CNN's Poppy Harlow in a Boss Files interview Monday.This week, JPMorgan announced an initiative to address part of that problem: a five-year, $350 million program to help train workers for the jobs of the future.
JPMorgan Chase wants to hire more ex felons 03:02Regulations have historically made it"very hard" for financial services companies to hire ex-convicts, he said. But JPMorgan intends to make a targeted effort to develop"specific programs for specific jobs" to make the process less difficult."These are not necessarily violent, lifelong criminals," Dimon said."These are people who made a mistake when they were young.
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Jamie Dimon says we've split the US economy, leaving the poor behindJ. P. Morgan's CEO was speaking at an event at the bank's New York headquarters to unveil a new $350 million program to boost job prospects for people in under-served communities.
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JP Morgan pledges $350 million to help people at risk of being shut out of the modern economyJ.P. Morgan CEO Jamie Dimon has voiced concern about the declining labor force participation rate in the U.S. and the shortfalls of the educational system in preparing people for emerging roles. I
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Jamie Dimon says we've split the US economy, leaving the poor behindJ. P. Morgan's CEO was speaking at an event at the bank's New York headquarters to unveil a new $350 million program to boost job prospects for people in under-served communities.
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U.S. manufacturing sector slowing as economy loses steamU.S. manufacturing output fell for a second straight month in February and facto...
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'Toxic' politics could damage the US economy this year, UBS economist saysStubborn politicians could have a destructive influence on the U.S. economy later this year, a UBS economist told CNBC this week.
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U.S. manufacturing sector slowing as economy loses momentumU.S. manufacturing output fell for a second straight month in February and facto...
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China's Premier Li says it is not realistic to decouple economies of China, U.S.It is not realistic to decouple the economies of the United States and China, Pr...
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U.S. factory orders edge up 0.1% in January, point to slower economyWASHINGTON (MarketWatch) - U.S. factory orders rose a scant 0.1% in January, another sign pointing to slower economic growth in the first quarter. Economists...
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