Jobless rate for veterans plunges

[ProSense]

Jobless rate for veterans plunges

By Aaron Smith

NEW YORK (CNNMoney) -- More veterans are coming back from war and getting back to work in the civilian job force, thanks to efforts by both employers and the government, as well as the improving economy.

The jobless rate for Iraq and Afghanistan veterans has fallen to 7.6%, well below the overall U.S. unemployment rate of 8.3%, and nearly five percentage points below the 12.5% rate for veterans a year ago.

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Kugler cites the Returning Heroes and Wounded Warriors tax credits, both of which went into effect in November.

Returning Heroes provides a credit of up to $2,400 to employers who hire a vet who's been unemployed for at least four weeks. It was expanded to give $5,600 to employers who hire veterans who've been jobless for over six months.

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There are other efforts in the works. President Obama has proposed the Veterans Job Corps initiative, which calls for $1 billion to hire 20,000 vets over the next five years to work in jobs related to environmental protection and maintaining roads and levees.

- more -

http://money.cnn.com/2012/03/15/news/economy/veterans-jobs/index.htm

Obama Brings Down Veterans Unemployment by 5 Points!!! Below National Average!!
http://www.dailykos.com/story/2012/03/15/1074622/-Unemployment-Among-Iraq-Afghanistan-Vets-Drops-by-5-Points-in-Last-Year-

[MineralMan]

1. Thank you, Mr. President!

Another job well done.

[ProSense]

2. Yes, and

Rmoney's wheels must be spinning to come up with another line of attack. The gas prices thing isn't working.

[Quantess]

3. Yay for good news!

kick

[ProSense]

4. Yup.

Kick!