Stark and unsettling employment numbers for an overlooked demographic have been released by the Institute for Veterans and Military Families at Syracuse University, a research group that tracks month-to-month employment among American vets, based on Bureau of Labor Statistics. The reality: a fifth of the nation’s young warriors are jobless. (Chosen excerpts by Job Market Monitor)
“The nation’s youngest veterans, ages 20-24, are experiencing one of the highest unemployment rates at 21 percent,” the research says.
It notes the rate is 7 percentage points higher than that of non-veteran peers of the same age, adding, “Approximately 68 percent of post-9/11 veterans ages 20-24 have been unemployed for more than five weeks.”
There is ongoing movement at the U.S. Chamber of Commerce and other civic groups to remedy the situation.
Read the whole story at
via Employment reality: 21 percent of young American veterans are jobless – Washington Times.
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