Business owners enjoying a long-awaited lift in the economy could benefit from tapping into a particularly worthy workforce candidate this year: the returning veteran.
For all the progress, and promises, we've made to create meaningful employment for our returning military men and women, the reality is that we need to do more.
Just released statistics from the Department of Veterans Affairs show that while national unemployment rates have declined, 53 percent of veterans have no job when they come home. The average duration of their unemployment has risen from 18 weeks to 22 weeks, and the youngest vets face the steepest climbs.
There's good news, too, according to the 2015 Veterans Economic Opportunity Report. Veterans are taking advantage of their GI Bill education benefits to pursue higher education and certification programs. Participation in the Department of Veterans Affairs loan guarantee program continues to grow, allowing more veterans to buy affordable homes.
And female veterans are doing very well, attaining higher earnings than non-veteran females.
But many who work with returning vets say stubborn challenges remain, and not enough civilians are paying attention.
"Veterans come from a highly structured environment, and sometimes the transition to the civilian world can be difficult," said Al Salvosa, a Brooklyn Center police officer who served two tours in Iraq.
"They struggle with translating their experience to employers, and sometimes they lack the education and credentials employers are looking for, despite doing the same job in the military."