Economy

One Major Missing Link to Solving Youth Unemployment: Corporations

With a pledge to hire 100,000 young people, Starbucks and a slew of other business giants are taking up an important torch.
A man carries a Starbucks logo sign after a corporate event.REUTERS/Carlos Barria

Starbucks has had its share of social-justice PR fails this year. But when it comes to hiring disenfranchised Americans, the coffee giant does put its money where its mouth is.

CEO Howard Schultz announced Monday that Starbucks would be leading the 100,000 Opportunities Initiative, a move by some of the nation’s largest corporations to hire 100,000 Americans, age 16-24, who are not currently employed or in school. USA Today reports: