Job Market Monitor
Veteran
US – The unemployment rate for veterans declined to 5.3 percent in 2014
The unemployment rate for veterans who served on active duty in the U.S. Armed Forces at any time since September 2001–a group referred to as Gulf War-era II veterans–declined by 1.8 percentage points over the year to 7.2 percent in 2014, the U.S. Bureau of Labor Statistics reported today. The jobless rate for all veterans, … Continue reading
Canada – Ensuring jobs for veterans is an obligation survey finds
The vast majority of Canadians believe we have an obligation to ensure veterans find meaningful employment after their military service. The exact number has hit an all-time high of 96 per cent, up from 94 per cent last year, and 90 per cent in 2008. The annual Nanos national Remembrance Day survey, released today by … Continue reading
US – Why Is Veteran Unemployment So High?
According to official statistics, the unemployment rate of young military veterans ages 18-24 reached 29 percent in 2011. Five facts about veteran unemployment: The unemployment rate of veterans ages 18–65 is higher than the unemployment rate of similarly situated non-veterans. In the CPS, the difference between veteran and non-veteran youth (ages 18–24) unem- ployment increased … Continue reading
A Million Veterans Would Benefit from a Minimum Wage Increase
We ask a lot of our armed forces. They serve our country in some of the most dangerous environments and difficult situations faced by any American. Yet having endured those experiences, too many veterans returning to civilian jobs find themselves in work that barely pays enough to live on. In fact, of the roughly 10 … Continue reading
US Veterans / 100,000 Jobs Mission reaches goal seven years early
The 100,000 Jobs Mission announced today that its coalition members hired a total of 117,439 U.S. military veterans by the end of 2013 — surpassing the coalition’s original goal seven years early. “Reaching this important milestone is great news for veterans and employers alike,” said Maureen Casey, Director of Military and Veterans Affairs at JPMorgan … Continue reading
US Recent Veterans / A Struggle With Unemployment
The most recent detailed report on veterans’ employment situation noted that younger vets had higher unemployment rates than their counterparts who had never served in the military. Continue reading
US Veterans / 100,000 Jobs Mission Doubles Its Hiring Commitment
The 100,000 Jobs Mission announced today a new commitment: hire 100,000 more U.S. military veterans. In total, participating companies plan to hire 200,000 by 2020 Continue reading
US / 21 percent of young veterans are jobless
“The nation’s youngest veterans, ages 20-24, are experiencing one of the highest unemployment rates at 21 percent,” a research says Continue reading
US Veterans / Bank of America Hiring Vets for IT
Job recruiters at Bank of America Corp. plan to double the number of military veteran-related events they attend this year. (Chosen excerpts by Job Market Monitor) Josh Renick, the bank’s staffing manager for enterprise military recruiting, tells CIO Journal “it was technology executives who drove that initial push” to hire vets for IT positions. Like at many … Continue reading
Canada / Nearly 300 jobs cut at Veteran Affairs
Nearly 300 positions at Veterans Affairs Canada are being eliminated as a result of measures in the 2012 federal budget Continue reading
US / Vets program to be unveiled
First lady Michelle Obama on Monday will announce the launch of a credentialing program that the White House says will help members of the armed forces leaving military service earn the certification needed for many high-tech jobs in the private sector. Many departing service members have faced problems landing high-tech jobs in the private sector … Continue reading
US Veterans / Companies honored for hiring
We know the problem: the jobless rate for military members who have served our country since 9/11 is significantly higher than the general population. Each year, the Families and Work Institute, a non-profit and non-partisan research organization, honors companies that have gone the extra mile to help vets as they return to the civilian workplace. … Continue reading
US / Unemployment Rate for veterans between 18 and 24 exceeded 20 percent last year
Two months after completing his five-plus years as an Army medic, Dan Huber is still looking for a job. And while he’s had some promising interviews, he has no assurances the search will end soon. That’s given him some insight that he shares with some of his buddies back at Fort Polk in Louisiana: Don’t … Continue reading
Military / Adjusting for demographic differences, spouses have higher unemployment rates
Policymakers need to understand whether military spouses succeed at finding jobs and how veterans fare economically after they leave military service. But these groups differ from the civilian population in important ways, making comparisons difficult. Researchers must adjust comparisons to account for demographic differences across these populations to provide useful information to policymakers. Using data … Continue reading
U.S. Chamber of Commerce / Veterans / Our Heroes Program
The U.S. Chamber of Commerce’s National Chamber Foundation announced today the launch of VetNet, a new career resource for veterans, transitioning servicemembers, and military spouses created by the Chamber’s Hiring Our Heroes program, the Institute for Veterans and Military Families at Syracuse University, and Hire Heroes USA. The three organizations are partnering on the new … Continue reading
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