Veterans Day Importance and Economic Significance

Image from CNN.

Image from CNN.

November 11, 2013

By Dr. Tyra OldhamLANDsds Sustainable Voice News

Today, we honor veterans. The statics reveal that those who are in service are in need of support upon their return for reintegration, jobs and heath services. This day we in the U.S. honor veterans not as a point of sales and purchases but to commemorate the contributions of our women and men in the armed services.  To honor veterans the national data reveals  that “Vets’ unemployment rate inches up in September” and continues to rise over 20%.

The Army reported, “the return to a double-digit jobless rate continues a trend established in the past three years of higher year-end unemployment for these veterans. But the return to a double-digit jobless rate continues a trend established in the past three years of higher year-end unemployment for these veterans,” reports the Army Times.

To assist veterans sustainability, “a private-sector coalition of 121 companies led by JPMorgan Chase and others announced that it had hired 92,869 veterans through the third quarter, less than 7,000 jobs shy of its “100,000 Jobs Mission.”

The news of the “2-year-old federal program that retrains veterans and offers tax breaks to businesses that hire veterans — the VOW to Hire Heroes Act — is set to expire at the end of the year. Also, Congress has slashed a social safety net that provides food stamps to feed more than 900,000 veterans and their families,” reports CNN.

Veterans to reduce the successive factors that effect them require collaborative efforts of the public and private sectors to successfully counteract the current trends effecting veterans.  Today, as we honor veterans is an opportunity to lend support to them specifically and strategically.

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Posted in Equity, Government, Health, Inclusion, Jobs, Social Change, Sustainability, Sustainability Nexuses, Voice News
One comment on “Veterans Day Importance and Economic Significance
  1. […] these numbers do not account for factors including, race, gender, Veterans and age. Consider, youth unemployment is steadily rising. Those within these demographics have […]

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