Hiring Our Heroes
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Returning from war is not an easy thing. Returning from war and needing a job is even more difficult. Right now, the national unemployment rate is 7.7 percent. For post-9/11 veterans, it's more than 10 percent. There's a massive effort underway to change that.
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The transition from serving in the U.S. Armed Forces to working in the private sector can be a difficult one.
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We consulted with Debbie Gregory of MilitaryConnection.com, as well as representatives from Military.com, for a list of the industries where the most ex-military personnel find work.
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"Veterans have led in the field; they can lead in a factory or research facility. Veterans believe in getting the job done and doing it in the right way," writes GE Chairman and CEO Jeff Immelt.
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After charting five consecutive years of steady growth in the unemployment rate for post-9/11 veterans, the Bureau of Labor Statistics recently reported a sharp five-percentage point decline in January and February of this year, bringing the unemployment rate for post-9/11 veterans below that of the general population for the first time since 2008.
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At Lockheed Martin, we believe America’s veterans should not return from the front line to stand in the unemployment line … and we’re working to make sure that doesn’t happen.
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If one were to consider the story of today’s military veterans, they are often stuck in a similar situation when it comes to securing a new career in our civilian society. It’s both a challenge to the out-processing military hero and to the company giving an interview.
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U.S. Bancorp CEO Richard Davis explains how his company is committed to hiring veterans.
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TroopSwap is a full-fledged e-commerce and daily deals site exclusively for veterans, service members and their families. The discount site offers up to 90 percent off on everything from skydiving to legal services, vacations and restaurants.
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Snap-on Tools is one of several franchises that have been offering financial discounts and special training for veterans who are looking to transition back to civilian life.
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Faced with soaring unemployment rates, many returning Iraq and Afghan war veterans are taking matters into their own hands by starting their own businesses.
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With plans on the table to cut thousands of military jobs in the coming months, new research shows the servicemen and women who could be forced out aren't optimistic about their prospects for future employment.
Videos
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CNBC's Kayla Tausche reports there is a major push at some of Wall Street's biggest financial institutions to find and hire fresh talent among American's veterans.
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Veteran hiring is a priority for one company-- not out of sympathy but as an investment in the bottom-line. Tom Brokaw reports for Dateline NBC.
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Jim Amos, president and CEO of Tasti D-Lite, told CNBC, that franchises were the real heroes of the US economy and offer the solution to economic ills domestically and around the world.