Subscribe to the From the Editor RSS feed | While the unemployment rate for all veterans hovers slightly above 8%, just like the national unemployment rate does, times are a bit tougher for those individuals who served on active duty in the U.S. Armed Forces since September 2001 — Gulf War-era II veterans. They are 50% more likely to be out of work, according to the U.S. Department of Labor’s Bureau of Labor Statistics.
The Pentagon estimates that more than a quarter of a million veterans of military service will retire this year. These are individuals with definable job skills that make them highly valuable, especially as we all panic about the mass exodus of Baby Boomers with experience and expertise leaving the workforce.
A cornucopia of maintenance and reliability jobs are listed on the Plant Services’ Plant Connection micro-site (jobs.plantservices.com), but even more appropriate for retired military personnel is VetJobs (www.vetjobs.com), a website where employers can reach transitioning military veterans, many of them with security clearances, that have separated over the past several decades and are now part of the civilian workforce.
Companies such as Condition Analyzing (www.conditionanalyzing.com), a shipboard vibration monitoring organization, and Rogers Machinery (www.rogers-machinery.com), an industrial equipment supplier, have experienced the experience of military veterans through VetJobs.
Government-paid relocation assistance also is available to those individuals leaving active service, and employers can benefit from tax credits. The VOW to Hire Heroes Act of 2011 allows employers to claim the work opportunity tax credit, as high as $9,600, for veterans certified as qualified veterans and who begin work before Jan. 1, 2013.
It’s a great way to say thanks and a great benefit to your organization. Hire a vet.