• Unemployment Rate for Youngest Veterans Reached Seven-Year Low in 20150

    The unemployment rate for post-9/11 veterans reached an all-time low in 2015, as the economy improved and the federal government and private sector continued their focus on the issue. The 5.8 percent annual unemployment rate in 2015 for the latest generation of veterans marked a significant improvement over the 7.4 percent rate recorded the previous year and was only modestly higher than the 5.2 percent rate for non-veterans. Unemployment for post-9/11 veterans reached its high point at 12.0 percent in 2011 …

  • Rhode Island Veterans Affairs Office to Assume Higher Profile0

    Rhode Island’s first director of veterans affairs plans to extend the agency’s role by bolstering its capacity to support veterans transitioning to civilian life.
    Navy Lt. Cmdr. Kasim Yarn, who was appointed by Gov. Gina Raimondo (D) on Wednesday, will work on “increasing the role the office plays with assisting veterans’ transitions from service to the community, including in the areas of education, workforce training, small business ownership, and housing and home ownership,” according to a spokeswoman for the governor. Yarn, who is expected to retire from the Navy shortly, plans to improve access to education and training opportunities that lead to meaningful work for veterans and help them to successfully navigate services and benefits …

  • Unemployment for Youngest Veterans Dropped to New Low in 20150

    Veterans of all generations experienced significant employment gains last year, with the youngest generation of veterans enjoying the best year ever for employment, according to the latest Bureau of Labor Statistics data. Unemployment for post-9/11 veterans continued a steady decline that began in 2012, reaching an all-time low in 2015 for that figure of 5.8 percent, reported Military Times. That represents a significant improvement from 2014, when the annual rate was 7.2 percent. The November unemployment rate for post-9/11 veterans set a monthly record, falling to 4.2 percent. In December, however, that figure rose to 5.7 percent. Unemployment for all veterans in 2015 fell to 4.6 percent, the lowest annual rate for that figure since 2008, according to the story. The November unemployment figure of 3.6 percent was the lowest monthly rate for all veterans since late 2007.

  • Corporate America Continues to Raise Veteran Hiring Goals

    Corporate America Continues to Raise Veteran Hiring Goals0

    After fulfilling their initial pledges to hire military veterans, a number of corporate initiatives have raised their hiring commitments. After meeting its target of hiring 100,000 veterans, Walmart increased its goal to 250,000; the 100,000 Jobs Mission changed its name to the Veteran Jobs Mission and pledged to reach 1 million new hires; and after surpassing the goal of its Hire 500,000 Heroes initiative, the U.S. Chamber of Commerce Foundation has promised to hire at least 200,000 more veterans or spouses. The new targets, however, may fall victim to the campaigns’ initial success, reports the Los Angeles Times. “They won’t be able to hire a million veterans anytime soon,” said Jeffrey Wenger, a public policy expert at the Rand Corp. …

  • Employers Have Embraced Veterans’ Leadership Skills, DOD Official Says

    Employers Have Embraced Veterans’ Leadership Skills, DOD Official Says0

    The unemployment rate for veterans fell to an eight-year low in October, an achievement a senior DOD official attributed to an improving economy, the rising number of corporate campaigns to hire veterans and a greater appreciation among employers for the professional attributes ingrained in service members. The veteran unemployment rate stood at 3.9 percent in October, while nonveteran unemployment was 5.4 percent, according to the Bureau of Labor Statistics. Even more impressive were the employment gains by veterans who served after 9/11 — their unemployment rate was 4.6 percent, essentially the same as the rate for nonveterans. The philosophy behind hiring veterans has evolved from the “right thing to do” to “the smart thing to do,” said Susan Kelly, director of the Pentagon’s Transition to Veterans Program Office …

  • Employers Flock to San Antonio Job Fair to Recruit Veterans, Military Spouses0

    At the Texas Workforce Commission’s Hiring Red, White and You job fair in San Antonio last week, veterans, transitioning military personnel and their spouses found themselves in high demand by local and national employers. The fair was part of a statewide, day-after-Veterans-Day hiring event at 27 locations. In San Antonio, the fair drew 125 companies and hundreds of candidates. “It’s huge,” Gail Hathaway, executive director of Workforce Solutions Alamo, told the San Antonio Express-News. “[Companies] see the value in the venue and the number of individuals that they get to meet with or talk with …