Hiring of Military Veterans May Reach 240,000 – White House

Since the Obama administration appealed to private companies to hire…

Since the Obama administration appealed to private companies to hire veterans, more than 70,000 vets and military spouses have found jobs, making President Barack Obama’s goal for industry to hire 100,000 by the end of 2013 likely to be achieved.

The 1,600 employers supporting Joining Forces, the White House’s initiative to rally job support for veterans, have committed to hire another 170,000 veterans and military spouses over the next two years in addition to those already hired, said Brad Cooper, executive director of Joining Forces. Those numbers have exceeded expectations, he said.

More than one million active-duty personnel are expected to transition out of the military over the next five years, according to the Washington D.C.-based nonprofit group Veterans for Common Sense. “A million more service men and women coming home really puts an emphasis on the need to help our veterans find work,” said Patrick Bellon, the group’s executive director and a veteran of the war in Iraq.

Unemployment among veterans who served in Afghanistan and Iraq has tended to run higher than the national average. Unemployment among these military veterans was 12.7% in May, above the national average of 8.2%, according to the Bureau of Labor Statistics.

Read More at the Wall Street Journal

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