- Category: Blog
- Created on Friday, March 21 2014
- Written by Curtis L. Coy
Yesterday the Department of Labor Bureau of Labor Statistics (BLS) released their “Employment Situation of Veterans - 2013” report which summarized the 2013 annual data and also includes employment information on Veterans with service-connected disabilities as well as Veterans who served in the National Guard/Reserves. The data on Veterans with service-connected disabilities and those who served in the Guard/Reserves is collected once each year in August and then reported out the following March.
Some of the findings:
- WWII, Korean War, Vietnam-era Veterans are largest group (46%),
- Almost two-thirds of Veterans are age 55 and over,
- About half of Gulf War-era II (9/11/2001– present) Veterans are 25-34 years old,
- 60% of unemployed Veterans were age 45 and over,
- Veterans with service-connected disabilities had an unemployment rate of 6.2% in August 2013 compared to the 6.6% rate for Veterans with no disability,
- One in three employed Veterans with service-connected disabilities worked in the public sector compared with one in five Veterans with no disability,
- Nearly 30 percent of both Gulf War-era I and Gulf War-era II Veterans were reported to be current or past members of the Reserve or National Guard,
- Unemployment rates were similar for those who were current or past members of the Reserve or National Guard compared with those Veterans who were never members.
The complete report summary is available online at http://www.bls.gov/news.release/vet.nr0.htm
Veterans Retraining Assistance Program (VRAP) News
Many of you have heard by now that we initiated an effort to pay VRAP participants who are currently enrolled in school receive a lump-sum benefit payment in order to finish out their current term. By statute, VA does not have the authority to make any benefit payments after March 31, 2014. As such we are calculating for all those currently enrolled a lump sum payment through the end of their current term or June 30th, whichever comes first. As of yesterday, we have already issued over 19,000 lump-sum payments totaling over $40 million dollars.
To all Veterans who are currently receiving VRAP benefits - please keep in touch with your school certifying official both during school and after you complete your program to ensure you are properly recorded in VA systems. This information helps VA determine how beneficial programs such as VRAP are at helping Veterans obtain certificates and degrees.
Additionally, when you finish your training, please remember to visit a DOL American Job Center to get started on a path towards your new career. You can locate American Job Centers in your area by going to http://www.servicelocator.org/ and entering your zip code. VRAP’s success has to be measured in large part by employment, these Job Centers are here to help.