Starbucks takes the lead on youth jobs

Spearheaded by Starbucks and its chief executive, Howard Schultz, nearly 20 big American corporations have unveiled a plan to find jobs for 100,000 unemployed young people in the US over the next three years.

The “100,000 opportunities initiative” aims to hire 100,000 16- to 24-year-olds “who face systemic barriers to jobs and education” by 2018.

It will start in August, at a job fair in Chicago. Starbucks is joined by 16 companies including Alaska Airlines, CVS Health, Hilton, Microsoft, Taco Bell, Target and Walmart.

The announcement comes on the heels of Starbucks’s own recent “opportunity youth” commitment to hiring 10,000 16- to 24-year-olds over the next three years targeting the 5.6 million youths who have dropped out of school and who are without jobs in the US.