We’re a little short on jobs here in Amurica. Not that you need convincing, but here’s the latest report on it from the Bureau of Labor Statistics.
So, what to do? Well, Howard Schultz, the CEO of Starbucks, did some thinking and came up with the following scenario:
- Small businesses created over 65% of the new jobs in the past 15 years.
- Small businesses employ over half of all private sector workers.
- More than 1 in 3 small businesses say they can’t get financing for new projects and to hire new workers.
It’s no secret that small businesses create the foundation for a strong, stable, and prosperous economy. But because banks are really reluctant to hand out money these days, it’s time to find a new way to jumpstart the core of our job-creating-machine. Here’s how Starbucks plans to make it happen: