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Starbucks hopes to jolt economy with jobs creation campaign

Posted by JC Plus 1, Inc. on October 4, 2011

SEATTLE — Starbucks is hoping customer will pay a little more for their cup of coffee.

Beginning Tuesday, Starbucks will accept donations of $5 or more to help stimulate job growth. Donations for the “Jobs for USA” campaign will go towards loans for firms that can add jobs or step job losses.

On the TODAY show Tuesday, Starbucks CEO Howard Schultz responded to a call to have Schultz run a third party candidate for president.

“I have no interest in politics, Matt,” Schultz told TODAY’s Matt Lauer. “I run a coffee business and I’m trying to recognize that our business can help small businesses raise money to create jobs that unfortunately Washington and the banks are not doing.” See complete story via msnbc.com.

Please Note: Original article appeared in the JC Plus 1, Inc. blogs on 10/04/2011 (see below).

“Starting Nov. 1, Starbucks will begin collecting donations of $5 or more from customers to stimulate U.S. job growth through its “Jobs for USA” program. The Seattle-based coffee chain is collaborating with the Opportunity Finance Network, a nonprofit that works with nearly 200 community development financial institutions to provide loans to small businesses and community groups. Starbucks says 100 percent of the donations will go toward loans for firms and organizations that can add jobs or stem job losses.”

Read complete article, via MSNBC, Starbucks Pushes Job Growth Program.

 

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