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Credit Suisse: Customer Blowback Over Starbucks' Refugee Hiring Spree Could Crush Same Store Sales

Credit Suisse: Customer Blowback Over Starbucks' Refugee Hiring Spree Could Crush Same Store Sales

A few weeks ago we wrote about how the controversial decision of Starbucks' CEO Howard Schultz to hire 10,000 refugees, a clear shot at the Trump administration's immigration policies, seemingly backfired as his "brand perception" took a sudden and massive hit, a clear signal once again that coffee drinkers would prefer to not have a side of political propaganda with their $5 morning java (see "Starbucks' 'Brand Perception' Takes A Massive Hit After Announcing Plans To Hire 10,000 Refugees").

American Men Are Giving Up On Jobs

American Men Are Giving Up On Jobs

Via MauldinEconomics.com,

I’ve written about this before, but there are 10 million American males between the age of 24 and 64 who have literally dropped out of the workforce. It means that they have given up on finding a job or are simply not looking.

But, focusing on just one subset among those who are 24–64, we see that white working-class males’ labor force participation rate has dropped to 59%.

The Inconvenient Truth About American Wages

The Inconvenient Truth About American Wages

Authored by former Ohio State Senator Nina Turner viaThe Hill.com,

My grandmother used to say, “You can put truth in the river five days after a lie; truth is gone catch up.”

Well, here’s the truth: The working men and women of this country are working more jobs and more hours, and they’re still barely hanging on. Beneath those fingertips, they can feel that middle-class dream – the American dream – slipping right away from them. It’s time for President Trump to do something about it.

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