Hilton, JCPenney, and Taco Bell along with a handful of other major US companies are joining forces to take part in a Starbucks-led coalition that aims to help thousands of young people find employment.
Called the ‘100,000 Opportunities Initiative,’ the companies hope to assist at least 100,000 people ages 16-24 who face barriers to jobs and education though internships, training programs, and both part-time and full-time jobs.
Starbucks plans to hire at least 10,000 young employees over the next three years.
Howard Schultz, chairman and CEO of Starbucks, said: “By using our scale to create pathways to affordable education and meaningful employment for these young men and women, we’re strengthening both our workforce and our economy.”
Other companies that have committed to the goal of hiring or training 100,000 young people by 2018 include: Alaska Airlines, Cintas, CVS Health, HMSHost, JPMorgan Chase, Lyft, Macy’s, Microsoft, Porch.com, Potbelly Sandwich Shop, Target, Walgreens, and Walmart.
According to Starbucks, there are 5.6 million people between the ages of 16 and 24 who are out of school and unemployed while there are 3.5 million unfilled jobs in the US that do not require a college degree.
On 13 August, the ‘Opportunity Fair & Forum’ in Chicago will help kick off the initiative. Participating companies are expected to train more than 2,000 youth and make at least 200 job offers.