
YOUNG VETERANS UNEMPLOYED
IT’S ASHAMED WHAT HAPPENING WITH OUR YOUNG VETERANS IN TODAY MARKET.
Given the risks they endure, it is troubling to think that many military veterans are having trouble entering the civilian labor market. While older veterans typically earn more and have similar employment rates as non-veterans in their same age group, that’s not true for younger veterans.
UNEMPLOYMENT RATE
In 2013, the unemployment rate for young veterans aged 25-34 was 9.1 percent, compared to 7.4 for non-veterans in the same age group. This is the cohort that enlisted after September 11, 2001 and some risked their lives in the harshest battles of Iraq and Afghanistan.
People who attend higher quality schools—community colleges or universities, as indicated by higher graduation rates, not-for-profit status and graduation of students into higher paying fields—are significantly more likely to list higher-value skills on their resume, even controlling for experience, level of degree and major.