11 More Facts About Veteran Unemployment

1. Veterans are unemployed for 13 months on average.
2. The Obama Administration grants tax credits to employers who hire unemployed veterans.
3. The Defense Department plans on launching pilot programs by providing veterans with licenses for military learned skills.
4. About 900,000 veterans are unemployed.
5. 29% of young male veterans, age 18 to 24, are unemployed.
6. 26% of Gulf War Era II veterans have disabilities that are associated with military service.
7. According to current government plans, at least 100,000 troops will come home in the next five years.
8. In October 2011, Congress passed the “VOW to Hire Heroes Act” to help lower the unemployment rate amongst veterans.
9. Post 9/11 G.I. Bill helps veterans to learn job-skills that would help them acquire a job.
10. Two-thirds of employed veterans work for private businesses.
11. About 38% of veterans served in Iraq and/or Afghanistan.

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Sources:

Bureau of Labor Statistics

The Washington Post