The current job market in this post-recessionary economy is a challenge for everyone. But for today's veterans, that challenge is compounded by the complex issues of transitioning from military to civilian life.
The Veteran Talent Index: May 2012 is the second in an ongoing series of reports that highlights the requirements of today’s employers and the needs of transitioning service members.
The May Index illuminates the gap that is responsible for the high unemployment rate in today’s veteran population, particularly for younger veterans:
- National Unemployment April 2012): 8.1%
- Veteran Unemployment: 7.1%
- Gulf War Era II veterans: 9.2%
- Gulf War Era II veterans aged 18-24: 30.2%*
A majority (71% vs 44% of US job seekers) of veterans surveyed say they are willing to relocate for the right job.
Additionally, the report offers recommendations on best to how to hire a veteran.
The Veterans Talent Index includes a comprehensive analysis of transitioning military service members, veterans and their employers. The three indices include: the Veteran Career Confidence Index; the Veteran Job Search Activity Index; and the Employer Veteran Hiring Index.
Results will be issued on a bi-annual basis.
Visit our resource page to Learn More about Hiring a Veteran.
*Percentages based on data from April, 2012.