The veteran employment rate greatly improved in February. 2012. The jobless rate for Post 9/11 veterans dropped 2.3% from a high of 11.6 percent in January. The veteran unemployment rate of all veteran generations was decreased by .7 percent. Labor statistics indicate the jobless rate dropped to an annual average of 9.9% last year from 12.1% in 2011. This February the overall veteran unemployment rate was 6.9 percent.
Finally soaring veteran unemployment that has challenged veterans for five years is beginning to ebb. Although veterans as a whole have a lower unemployment rate than the nation at large, younger veterans who served in the years following the Sept. 11 attacks are having a much harder time finding work. The job problems for younger vets have continued despite a wide range of private and public efforts.
Companies such as Wal-Mart, General Electric and many others announced programs designed to hire more veterans. Organizations like the U.S. Chamber of Commerce have helped put on hundreds of job fairs around the company. The Transition Assistance Program (TAP) was established to meet the needs of separating service members during their period of transition into civilian life by offering job-search assistance and related services.
Some employment problems for veterans include learning new skills and reeducating themselves so Veterans are viable candidates for new occupational areas. Joining Forces has brought together industries to offer a fast track certification program for Veterans with credit for their military experience.
MilitaryConnection.com is very happy to shout this wonderful news that finally the unemployment rate for Post 9/11 Veterans is dropping. Military Connection educates employers on the value of hiring Veterans and the work ethic they bring to their jobs. This site is a Top 100 Employment Web Site and is trying to make a difference by offering a multitude of resources for Veterans and transitioning military. One of the many resources is the Military Skills Translator that is featured on our site. Veterans can use this tool to determine the civilian jobs that are a fit their skill set.
There are all types of resources for transitioning military and veterans seeking employment. Military wants to be the front and center employment connection for Veterans seeking good jobs.