Starbucks pushes job growth program
Starting Nov. 1, Starbucks will give customers who donate $5 or more to stimulate U.S. job growth through its “Jobs for USA” program this wristband, seen in an undated photo. Credit: AP
Starbucks hopes customers will drop at least $5 more when they stop for their morning cup of Joe.
Starting Nov. 1, Starbucks will begin seeking donations of $5 or more per customer to stimulate U.S. job growth through its Jobs for USA program.
The Seattle-based 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 all of the donations will go toward loans for firms and organizations that can add jobs or stem job losses.
Starbucks declines to estimate how much it will raise, but millions visit its nearly 7,000 company-owned U.S. stores each day. Customers who give will get a red, white and blue wristband that says “Indivisible.”
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