A coalition lead by Starbucks CEO Howard Schultz is committed to have 100,000 people go to work. 

CNBC reported a Starbucks-led coalition wants to hire 100,000 young Americans who are in need of a job. The coalition is a part of the 100,000 Opportunities Initiative, which aims to give a leg up on the 5.5 million Americans who need a job. 

Companies such as Alaska Airlines, Cintas, CVS Health, Hilton Worldwide, HMSHost, JCPenney, JPMorgan Chase, Lyft, Macy's, Microsoft, Porch.com, Potbelly Sandwich Shop, Taco Bell, Target, Walgreens and Wal-Mart have signed on to participate in this initiative. More companies are expected to join the initiative. 

In a statement made via the USA Today, Schultz talks about the initiative, stating, "What we've learned over these last many years is that rules of philanthropy, the rules of engagement have radically changed, You really have to build a coalition of like-minded organizations and people who have the kind of experience and skill base and local knowledge to tackle a problem as complex as this." 

On Aug. 13, the coalition will host a job fair in Chicago in the first of many across job fairs across the U.S. Schultz recruited rapper and actor Common to help lead a discussion to the 2,000 people expected to attend the career fair.

"I believe in the talent that lies within our young people, and I know that when we give them a real chance, they will achieve and soar," Common said.

Schultz, who grew up in a Brooklyn housing project,recently partnered with Arizona State University for the Starbucks Achievement Plan, which offers 100-percent tuition coverage for every Starbucks employee who is enrolled in Arizona State University.