November 28, 2016

Veteran Employment Prospects Are Better Than They’ve Been In A While

By: Andrew Swick and Amy Schafer

The employment outlook for post-9/11 veterans is brighter than it has been in some time. Not only do those veterans now have lower unemployment than any time in the last eight years, but their income and prospects for promotion are collectively improving, though just as for many other Americans, veterans’ desire to work full-time is not always matched by the needs of the job market.

In a previous post this August, we introduced a survey from the Center for a New American Security looking at how veterans are handling their transition out of the military. On Veterans Day, CNAS, with support fromJPMorgan Chase, released a new report explaining those findings. The post-9/11 cohort faced years of high unemployment following the economic downturn of 2008–2009, triggering a number of hiring programs, like theVeteran Jobs Mission. Though unemployment for post-9/11 veterans decreased and now is nearly equal to the national average, veterans were found to have low first-year retention rates, raising concerns as to whether decreasing unemployment numbers were painting an incomplete picture.

Read the full article at Task and Purpose

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