July 11, 2006 – Veterans have found that even with a new job skill, life after military service can be frustrating for younger veterans. In fact, young veterans suffer nearly double the unemployment of nonveterans their age.
The push to hire veterans, especially those recently back from Iraq or Afghanistan, comes at a time when younger vets are finding the job market tough to crack.
A survey by the Labor Department showed this month that veterans between 20 and 24 have a 15.6 percent unemployment rate, compared to 8.7 percent for nonveterans the same age.
Bill Offutt, executive director of the President’s National Hire Veterans Committee, said more than 220,000 service members leave the military each year. And despite efforts to ease the transition to civilian life through various programs, Offutt said at least one-third do not take advantage of them. Read the article here.