DIMON: 'We are creating generations of citizens who will never have a chance'
- The labor participation rate for men ages 25 to 54 has gone from 96% in 1968 to a little over 88% today. "This is way below labor force participation in almost every other developed nation," Dimon said.
- "If the work participation rate for this group went back to just 93% — the current average for the other developed nations — approximately 10 million more people would be working in the United States."
- "Fifty-seven percent of these non-working males are on disability, and fully 71% of today's youth (ages 17–24) are ineligible for the military due to a lack of proper education (basic reading or writing skills) or health issues (often obesity or diabetes)."
- "We should be ringing the national alarm bell that inner city schools are failing our children — often minorities and children from lower income households. In many inner city schools, fewer than 60% of students graduate, and many of those who do graduate are not prepared for employment."