MSNBC.COM - Starbucks is expanding an unusual effort to create jobs through small business loans, which the company launched last fall after chief executive Howard Schultz lambasted politicians for not doing more to fix the economy.
So far the Create Jobs for USA program has raised about $11.5 million, including about $2.8 million from customers who bought brightly colored wristbands along with their lattes or donated to the program online.
Starbucks says its analysis shows the money raised so far could create or retain about 4,000 jobs.
While that is just a tiny fraction of the 12.7 million people who are unemployed and looking for work, Starbucks spokesman Jim Olson said the coffee giant has received mostly positive feedback from customers and that the program will continue indefinitely. click here to read more
Wednesday, May 22 2013 12:27 AM EDT2013-05-22 04:27:35 GMT
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