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
More from CNAS
CommentarySharper: The Budget
The defense budget and its $715 million price tag accounts for much of the U.S. government's discretionary spending every year, but where will (and should) this money go in th...
By Anna Pederson
VideoThree elements of Army’s iron triangle equally critical for United States, says defense analyst
Billy Fabian, adjunct senior fellow for the Defense Program at the Center for a New American Security and senior analyst at Govini discusses the Army's iron triangle on Govern...
By Billy Fabian
ReportsEsports and the Military
Executive Summary Electronic sports, known as esports, are video games played like competitive sports on viewing platforms. Esports are a developing market with a significant ...
By Elizabeth Howe, Elena LoRusso & Emma Moore
Congressional TestimonyThe Fiscal Year 2022 Defense Budget and Future Options for the Pentagon
Submitted Written Testimony I. Introduction Chairman Smith, Ranking Member Rodgers, distinguished members of the committee and staff thank you for inviting me to testify today...
By Stacie Pettyjohn