Comprehensive Legislation to End Veteran Unemployment
House Committee on Veterans' Affairs
According to the Labor Department, there are 3.4 million job openings
right now in the United States. Yet, many employers are finding that
workers do not have the skills or training they need to qualify for them.
There are nearly 900,000 unemployed veterans in the United States–a
staggering figure. The latest Department of Labor unemployment report
shows that in October 2011, the average unemployment rate among all
veterans was 7.7% and 12.1% for veterans returning from Iraq and
Afghanistan. Equally troubling, veterans between the ages of 35 and 64,
the group with the highest financial obligations and the fewest
available VA education and training options, continue to make up nearly
two-thirds of all unemployed veterans. Overall, nearly one in twelve of
our nation’s heroes can’t find a job to support their family, don’t have
an income that provides stability, and don’t have work that provides
them with the confidence and pride that is so critical to their
transition home.
The “VOW to Hire Heroes Act” is bipartisan, bicameral,
comprehensive legislation that would lower the rate of unemployment
among our nation’s veterans. This bill combines provisions of Chairman
Miller’s Veterans Opportunity to Work (VOW) Act - which passed the House
on October 12, 2011 - (H.R. 2433; Report #112-242), and Chairman Murray’s Hiring Heroes Act (S. 951; Report #112-36),
and veterans’ tax credits into a comprehensive jobs package that will
aggressively attack the unacceptably high rate of veterans' unemployment
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Posted
Jan 23 2012, 02:47 PM
by
BusyBee