JAMIE DIMON: There's no such thing as a dead-end job

JPMorgan Chase CEO Jamie Dimon spoke to Business Insider deputy executive editor Matt Turner about the people left out of the American dream.

--------------------------------------------------

--------------------------------------------------

Business Insider is the fastest growing business news site in the US. Our mission: to tell you all you need to know about the big world around you. The BI Video team focuses on technology, strategy and science with an emphasis on unique storytelling and data that appeals to the next generation of leaders – the digital generation.

[medwaymole]

obviously never had to do any real work otherwise he would know there are plenty of dead end jobs.

[ruggibro]

This guy's never been or met a burger flipper

[mike.p.]

There is such a thing as a dead end job if you stay there for thirty years.
But on the other hand. God bless the humble.

[aintnoslice]

This guy has been privileged his entire life. He has no clue.

[jimbonuetrin]

"[Any job is] the first rung. Jobs lead to dignity, if you're good at the first, you can get the second."
This man is wise.

[tonylabrusca]

If this is supposed to make me feel better working as a doorman then thanks i guess

[wpyx]

he is a Welfare Queen and couldn't make money in a free market. He shouldn't be listened to.

[garyteacher]

Dimon is so smart. He is so in touch with everything. A smart person would believe every single word that comes out of his mouth.

[leoalphaproductions]

You can literally work at a fast food joint and eventually crawl yourself out of poverty. It may take a while longer, but it’s possible. So long as you know money management, saving and investing wisely. No amount of money or a high paying job can save you from becoming poor, if you’re just bad with money to begin with.

[shuburneythielman]

I stopped listening after he said the USA is the best country of the world💀

[zarifahmed]

he is just speaking like christian bale in the american psycho

[edmundgarvey]

He has masters the art of saying one thing and doing something completely different being Ceo

[joebagofdonuts]

Ironic that there are quite a few dead end jobs at JPMC - and they're designed to be dead end jobs.
For example - the agile job family only has 3 job levels - it just stops - and it's impossible to become an executive director if you are in that job family.

[lipingfeng]

Very enlightening! Thank you for sharing. Peace & Blessings.

[ooievaar]

nonsense, dead end jobs mean that:

- there is no promotion possible (like teaching, bus drivers, transport, waiters)
- even if there is promotion possible you wont get it, because you wont fit (physically, mentally) making it a personal dead end job
- recruiters and agencies set the rules, making you totally dependent. If you cant bargain youre a slave: so dead end in terms of time tables, salary etc.
- due to meritocracy and taxes schools, parents and neighborhoods differ, chances as well. They are just not the same geographically nor socially.
- BS jobs DO exist (in large numbers) protecting organisations, people and contracts. It is a form of corruption actually, not even dead end but worse.

It is just not true that sky is the limit and growth is there for all of us if we just want to. Total nonsense.

[matthewp]

I feel like people just watch certain videos to dislike them

[Popunkwillneverdie]

Jaimie my biological parents are going to kick me out what do I do come home???

[Diebulfrog]

Great video. But Mr. Dimon need to clean his house first, JP Morgan Chase is doing a lot of black ops behind his back and soon will blow in his face, this summer.

[Azknowledgethirsty]

Why always America? We also exist and although you've been stagnated we are thriving the EU is now the most powerful country followed by China you may have had a bad time but the rest of the world is getting better in an unprecedented pase

[AYVYN]

He's right that the "elite" have been a part of every society since Rome, even the Barbarians had them. Though most of them never possessed the same modesty, intelligence, and perspective as Jamie Dimon.