Military veterans fare well in recovering job market

As Defense Dept. draws down, jobless rate falls for returning troops



Bringing U.S. troops back home from far-flung conflicts takes them out of harm’s way. But it also sends many looking for a new job.

As the drawdown of American forces continues in the Middle East, the Army announced in July it will reduce troop strength by some 57,000 soldiers over the next two years. That news helped push the level of expected layoffs to a four-year high, according to a monthly survey from outplacement consultant Challenger, Gray & Christmas.

“When the military makes cuts, they tend to be deep,” CEO John A. Challenger said in a statement. “With wars in Afghanistan and Iraq winding down and pressure to cut government spending, the military has been vulnerable to reductions.”

“Read the Full Article at >>>>”

It's only fair to share...Share on FacebookShare on Google+Tweet about this on TwitterShare on LinkedInShare on RedditShare on TumblrEmail this to someone

Related Posts

Comments Closed

All content herein is owned by author exclusively. Expressed opinions are not necessarily the views of VT Jobs, VT Jobs, authors, affiliates, advertisers, sponsors, partners, technicians or Veterans Today Network and its assigns. In addition, all images within this post are the full responsibility of the author and NOT Veterans Today Network. Notices

Posted by on 11:47 am, With 0 Reads, Filed under Careers, General News. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.



You must be logged in to post a comment Login

From Veterans Today Network