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Federal Eye
Posted at 10:01 AM ET, 05/30/2012

Helping veterans find work in a tight job market

This is an excerpt from a post by The Post’s Hayley Tsukayama, who reports that the Veterans Talent Index, a report based on surveys of veterans looking for work and of the employers who are seeking to hire them:

Military veterans face a major communications gap when looking for jobs in the civilian world. That’s what a survey from Monster.com, one of the world’s leading job sites, found when it took a deeper look at how veterans fare in the job market once they leave military service.

On Wednesday, Monster released the Veterans Talent Index, a report based on surveys of veterans looking for work and of the employers who are seeking to hire them. This is the second index the company has done; Monster plans to revisit the project every six months or so.

“We created the VTI to shine a light on the problems that vets are having in finding jobs,” said Steve Cooker, Monster’s Executive Vice President and Head of Global Government Solutions.

Veterans’ confidence in being able to find a job is dropping, the study found, as they face a tough job market. The unemployment rate is particularly high for 18- to 24-year-old veterans, said Jeff Quinn, Monster Worldwide’s Vice President of Global Insights. They are finding it tough to compete for scarce jobs against peers who have not served in the military but instead have a few years of additional education or work experience under their belts. Cooker said the problem will only get larger as the government budget cuts prompt more people look for jobs outside of the military.

But those moving into civilian life also find it difficult to talk convincingly about how their military skills can translate to other fields of work.

For the full report, check out the original post here.

By  |  10:01 AM ET, 05/30/2012

 
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