Sarah Ford | November 11, 2015

A Veterans Day Surprise: Companies Are Hiring the .04% – and It Has Nothing To Do With Corporate Philanthropy

By Ryan Scott

According to the Department of Defense, only .04% of ¾«¶«Ó°Òµns are active military personnel, a staggeringly small number to be shouldering the weight of our nation’s security. These heroes deserve our full support with reintegration when they transition to civilian life, including the transition to employment.

Over the past few years, the White House and congress have put much legislative focus on supporting veterans and military families, developing several transition programs and coordinating national campaigns about how veterans are terrific hires for businesses.ÌýFor example, theÌýÌýinitiative, launched by First Lady Michelle Obama and Dr. Jill Biden, calls on all ¾«¶«Ó°Òµns to rally around service members, veterans, and their families and support them through wellness, education, and employment opportunities.

Further supporting vets, Michelle Obama announcedÌýin AprilÌýÌýto train or hire 90,000 veterans and military spouses, all in the growing fields of energy, transportation, and tech, where there is a high demand for talent. Almost half of these commitments were accompanied by commitments to train vets for high-tech, well-paid careers, often made possible by the cooperation of employers, educators and public leaders.

The efforts are paying off. The September report by the Bureau of Labor Statistics announced that the unemployment rate for veterans dropped to a seven-year low in August, and the rate for Iraq and Afghanistan war-era veterans fell to the lowest level since federal officials started tracking that population. In fact, the unemployment rate for all veterans is now consistently below the unemployment rate for non-veterans.

This progress wouldn’t be possible without the innovations and cooperation of the public and private sectors and nonprofits over the past few years. And technology plays a central role in some of the most exciting developments in connecting veterans with jobs.


Shape the Future Through Workplace Giving

Get Resources and Insights Straight To Your Inbox

Explore More Articles

For Fifth Consecutive Year ¾«¶«Ó°Òµâ€™s Charities Named ‘Best Nonprofit To Work For’

May 6, 2025

Washington, D.C. – April 1, 2025 – ¾«¶«Ó°Òµâ€™s Charities, the nonprofit that mobilizes the power of giving as a leading provider of volunteering, workplace giving,…

Read Article

Workplace Fundraising + Volunteering Summit (April 2nd and 3rd, 2025)

March 26, 2025

Join us in attending this virtual summit! The ¾«¶«Ó°Òµâ€™s Charities team is joining up with other leading voices in the workplace giving space for a…

Read Article

The Time to Act is Now

March 7, 2025

The results of the 2024 National Assessment of Educational Progress (NAEP) are in, and the findings are, in a word, heartbreaking. This assessment serves as…

Read Article

Get Resources and Insights Straight To Your Inbox

Receive our monthly/bi-monthly newsletter filled with information about causes, nonprofit impact, and topics important for corporate social responsibility and employee engagement professionals, including disaster response, workplace giving, matching gifts, employee assistance funds, volunteering, scholarship award program management, grantmaking, and other philanthropic initiatives.

newsletter-mock