Military vets higher rate unemployment
Unemployment rate for military vets twice as high as civilian rate
The unemployment rate for military vets is higher than that of the entire US population despite skills gained on active duty; up to 11 %, a full 2 % higher than the general population. Still the congress debates the merit of pay for their service. More than 90 % of our business leader never serves a day in service to our country. It’s no wander that they have no understanding of the skills that vets possess after serving in Iraq and Afghanistan. http://www.military.com/veteran-jobs. This is but one of few outlets specifically designs to assist vets after leaving the military. Rep. Jeff Miller, Chairman of the House Committee on Veterans’ Affairs, recently introduced complementary legislation to the Veteran Opportunity to Work (VOW) Act of 2011 (H.R. 2433) to help curb rising veteran unemployment. The Tax Credit to Hire Veterans Act of 2011 (H.R. 2443) would provide a tax credit to be applied toward capital equipment purchases to small businesses that hire unemployed veterans. To learn more, visit the Military.com Veteran Jobs Center. Yet we still find congress up to their old method of balancing the budget on the back of a small minority. Specifically those who choose to serve our country.
Military Pay Held Hostage – Again
Week of July 18, 2011
The U.S. is about to hit the $14.3 trillion debt ceiling and it appears Congress and the President are no closer to a deal to raise the spending limit. The impact of hitting the debt ceiling is not fully known, but the Department of Treasury says that “If Congress fails to increase the debt limit, the government would have to stop, limit, or delay payments on a broad range of legal obligations, including Social Security and Medicare benefits, military salaries, interest on the national debt, tax refunds, and many other commitments.”
Read the full article on the Military Advantage Blog.
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