Thread: More Good News; Jobless rate for veterans plunges

This has to make "everyone"; Left or Right Happy to know our Troops are find their way back into American Society.

I sure hope these numbers continue to go down ...

More veterans are coming back from war and getting back to work in the civilian job force, thanks to efforts by both employers and the government, as well as the improving economy.

The jobless rate for Iraq and Afghanistan veterans has fallen to 7.6%, well below the overall U.S. unemployment rate of 8.3%, and nearly five percentage points below the 12.5% rate for veterans a year ago.

...........

Some firms have formal military recruiting programs, and others are creating or expanding them. This week Disney (DIS, Fortune 500) announced "Heroes Work Here," a program it says will recruit 1,000 vets over the next three years.

The government wants to encourage more efforts like this. "This past year saw the passage of a number of bills specifically designed to support veteran hiring and training," said Adriana Kugler, chief economist for the U.S. Department of Labor, which produces the BLS statistics.

Kugler cites the Returning Heroes and Wounded Warriors tax credits, both of which went into effect in November.
Returning Heroes provides a credit of up to $2,400 to employers who hire a vet who's been unemployed for at least four weeks. It was expanded to give $5,600 to employers who hire veterans who've been jobless for over six months.

Read more: http://money.cnn.com/2012/03/15/news...ight&hpt=hp_t1

Me too. I just hope that America is not deluded into thinking that this economic recovery is going to be permanent. Inflation will catch up to us. The business cycle never fails.

Originally Posted by Dr. Righteous

Me too. I just hope that America is not deluded into thinking that this economic recovery is going to be permanent. Inflation will catch up to us. The business cycle never fails.

Yea ... I remember back on March of 2009; everyone was blaming President Obama for the Stock Market. ... now look at it.

Can we just be honest and say that many of the veterans returning from war don't have the skills necessary to succeed in our economy? If they did, they would be hired.

Originally Posted by Dave1mo

Can we just be honest and say that many of the veterans returning from war don't have the skills necessary to succeed in our economy? If they did, they would be hired.

Wow ... I just can't respond.

Maybe one of the resident Conservatives has an explanation?

Originally Posted by Dave1mo

Can we just be honest and say that many of the veterans returning from war don't have the skills necessary to succeed in our economy? If they did, they would be hired.

I would say that 92 out of every 100 vets returning from Iraq/Afghanistan finding jobs is pretty good considering the overall unemployment index.

Originally Posted by Nunya D.

I would say that 92 out of every 100 vets returning from Iraq/Afghanistan finding jobs is pretty good considering the overall unemployment index.

The unemployment rate for veterans has dropped because of targeted programs by the government and private business as a marketing ploy.

Many veterans DO have the skills; they'll be hired. We don't need to spend more time and effort getting unqualified people hired against market forces.

Originally Posted by Dave1mo

The unemployment rate for veterans has dropped because of targeted programs by the government and private business as a marketing ploy.

Many veterans DO have the skills; they'll be hired. We don't need to spend more time and effort getting unqualified people hired against market forces.

Oh, you mean like Affirmative action?

p.s. Sorry Dave, did not notice I was responding to you. Trust me, I am not stalking you.

Originally Posted by Dave1mo

The unemployment rate for veterans has dropped because of targeted programs by the government and private business as a marketing ploy.

Many veterans DO have the skills; they'll be hired. We don't need to spend more time and effort getting unqualified people hired against market forces.

... and I say why NOT! They are fighting and dieing for you.

As far as who is qualified or not, I'll leave that up to the people who are doing the hiring.

Originally Posted by Cigar

... and I say why NOT! They are fighting and dieing for you.

.

Dying while losing , is more accurate .
Stop sending kids out to kill and you would have O% Veteran unemployment .