05/12/2012 - Our nation is finally emerging from one of the worst recessions in U.S. history, yet for our military veterans there is no recovery in sight. The nation's unemployment rate is 8.1 percent. But the unemployment rate of our youngest military veterans returning from Iraq and Afghanistan hovers at a stunning 29 percent.
Consider that: Nearly one in three Americans who fought to defend us in distant lands cannot find a job here at home.
And the problem is about to get a lot worse. With the war in Iraq over and the mission in Afghanistan winding down, and the imperative of getting our national debt under control, Congress and the administration are reducing military spending. Under current plans, at least 100,000 men and women will leave military service in the next five years.
Last fall political leaders failed to reach agreement on a bipartisan plan to reduce the deficit. As a result, the Defense Department budget could be slashed by an additional $600 billion beginning in January — cuts that Defense Secretary Leon Panetta has called "catastrophic."
America's veterans are a tremendous human capital resource. They are responsible, hardworking and loyal. They possess strong leadership skills and a work ethic that would be valued at any place of business. They have also benefited from technical training and education that is second to none. An Army logistics manager who moved billions of dollars of equipment and tens of thousands of personnel into and out of war zones is perfectly positioned to help a U.S. business move goods and services for its customers. Regrettably, many employers still do not appreciate how the skills our veterans hone on and off the battlefield can help their businesses win here at home. read more>>>
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