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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Some firms have formal military recruiting programs, and others are creating or expanding them. This week Disney (DIS, Fortune 500) announced "Heroes Work Here," a program it says will recruit 1,000 vets over the next three years.
The government wants to encourage more efforts like this. "This past year saw the passage of a number of bills specifically designed to support veteran hiring and training," said Adriana Kugler, chief economist for the U.S. Department of Labor, which produces the BLS statistics.
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.
Savvy job-seeking veterans are aware of the tax breaks that are already on the books, and they don't hesitate to tout them in interviews.
"We've had a couple of candidates say, 'Hey, if you hire me, you'll get a tax credit,'" said Holly Mosack, chief recruiter at Advanced Technology Services in Peoria, Ill.
Mosack, a former Army captain and a veteran of the Iraq war, said 30% of her company's 3,000 employees are veterans, many of whom are placed in machine jobs at factories.
Remember folks, the only parts of the President's American Jobs Act which were signed into law were those elements related to getting jobs for recent veterans.
http://money.cnn.com/2012/03/15/news...ight&hpt=hp_t1
So, who is not helping Veterans – It’s not Obama.
Obama Brings Down Veterans Unemployment by 5 Points!!! Below National Average!!