American companies pledge to hire thousands

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CHICAGO, IL - Good news for America's youth, especially those young people just entering the job market. A coalition of American companies, led by Starbucks, is setting out to hire 100,000 young people.

Executives from 16 companies have signed on to the hiring movement, called the "100,000 Opportunities Initiative." The program aims to give young adults, 16 to 24 years old, opportunities such as internships, apprenticeships and even part and full-time jobs.

The first job fair of the program will be held in Chicago next month, where 2000 young people can receive training and at least 200 job offers will be made.

Other companies joining the movement include Target, Walmart, JCPenny, Macy's and Taco Bell. They are even trying to recruit more companies. The goal is to bring the new hires into the work force by 2018.

So, good news for the next generation of American workers, and for their cash-strapped parents.

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