President Obama signs legislation into law that will provide business tax credits to help put veterans back to work on Nov. 21, 2011.(Photo: Chip Somodevilla Getty Images)
Soaring unemployment that has bedeviled Iraq- and Afghanistan-era veterans for five years has finally reversed.
The jobless rate dropped to an annual average of 9.9% last year from 12.1% in 2011, labor statistics show.
"It looks like it peaked in 2011 and has since been coming down," says
James Borbely, an economist for the Bureau of Labor Statistics who
studies veteran data. "We're looking at a rate that has clearly
improved."
Veteran advocates caution that joblessness among this
group remains stubbornly high - well above the national unemployment
rate of 7.8%. About 205,000 of those who served in or during the Iraq
and Afghanistan wars are without work.
As the Afghanistan War winds down, more than 300,000 veterans will leave the military each of the next four years.
"We've
got more miles to go. But it's clear we're marching in the right
direction," says Tommy Sowers, assistant secretary for public and
intergovernmental affairs for the Department of Veterans Affairs and a
former Green Beret who served two combat tours in Iraq.
Paul
Rieckhoff, founder and chief executive of the 250,000-member Iraq and
Afghanistan Veterans of America, warned against complacency.
"Even
with this dip in the annual rate for the year, no one should be
anywhere near satisfied," Rieckhoff says. "We've got hundreds of
thousands of Iraq and Afghanistan veterans out of work and that should
be unacceptable to all Americans."
The marginal employment success
was attributed primarily to an improving economy. Veteran leaders also
see the reversal as proof that a tougher focus on joblessness among new
veterans by the White House, Congress, communities, labor unions and
business has paid off.
Sowers notes that 880,000 ex-servicemembers
have taken advantage of the new post-9/11 G.I. Bill for university or
vocational education.
More employers display an eagerness to hire
young veterans they see as disciplined self-starters willing to show up
on time, says Lt. Gen. Howard Bromberg, head of Army personnel, who has
met with recruiters from several major companies.
"These guys out there, they want our soldiers," Bromberg says.
"It
just makes good bottom-line sense to hire veterans," Labor Secretary
Hilda Solis says. "They've been tested, time and again, in
pressure-cooker situations."
Many businesses are better informed
about issues such as post-traumatic stress disorder and how they affect
only a minority of applicants or can be like any other disability, says
Nancy Hammer, a senior policy official with the Society for Human
Resource Management, an association of hiring professionals.
She says some employers still struggle to understand how a veteran's combat skills can translate into assets for employers.
The jobs data for Iraq- and Afghanistan-era veterans contain other trends both good and bad:
- Joblessness
remains high among a sub-group of veterans who have had the hardest
time finding work - those ages 18 to 24 - although that rate also is
declining. One in four of them were unemployed in 2011. That dropped to
one in five last year.
- For women who served, jobs remain scarce.
Their unemployment rate inched higher, from 12.4% to 12.5% last year,
and from about 35,000 out of work to 37,000, the data show.
Retired
Army colonel David Sutherland, director of the Center for Military and
Veterans Community Services in Washington, says the unemployment numbers
leave him "cautiously optimistic."
"But I see a trend on the
horizon with the upcoming draw-down of our forces ... where if we don't
do more community-based support, that (jobless) number will go back up."
USA Today