Tips for Tapping into the Veteran WorkforceBy Joanne Costine
Article Date: 10-01-2012
Copyright(C) 2012 Associated Equipment Distributors. All Rights Reserved.
Learn the pros and cons, opportunities and obligations involved in hiring veterans and members of the Reserve.
Currently, the overall unemployment numbers for veterans are better than that of the general population. The August figures (released in early September) from the Bureau of Labor statistics calculate unemployment for all vets 18 and over at 6.6 percent, lower than the national average of 8 percent. However, it’s a completely different scenario for younger veterans. Among male vets ages 18-24 the unemployment rate recently jumped to 19.9 percent, while the unemployment rate for nonvets in this category was 16.3 percent. In addition, with more than one million service members projected to leave the military between 2011 and 2016, the poor jobs picture for young veterans could very well get worse.
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