From 2000 to 2005, I served in the U.S. Marine Corps, which included a combat tour in Iraq. Since then, I have worked in various capacities in HR and talent acquisition, including recruiting talent globally for experienced-hire roles, as well as early-career roles, for BP for the past seven years.
Just a few years ago, only 20 percent of companies surveyed had developed a formal program for recruiting veterans. And in spite of an ever-tightening labor market, unemployment rates for veterans continue to trend higher than civilian and overall unemployment rates. This could be because of a “language barrier” that exists between veterans and recruiters.
We are so entangled in our Boolean strings, LinkedIn posts, tweets, and scrapping tools that we have unintentionally failed to notice a special breed of recruiters that exists in the same ecosystem as ours and continues to achieve its goals in a far more efficient ways than we can imagine.
I used to manage a 30-person office for a national military recruiting firm. We placed transitioning military service members into Fortune 500 companies all over the United States. One of the worst hires I ever made was more than 10 years ago.
As America honors its military veterans today, there is encouraging news on the jobs front: The unemployment rate for the nation’s veterans has declined sharply in the year since the last Veterans Day.
Thanks to a nationwide focus on hiring veterans, and especially younger veterans who served in the post 9/11 military, unemployment for all veterans went from 6.9 percent in October 2013 to 4.5 percent last month. The national unemployment rate dropped 1.4 percentage points to 5.4 percent. (All percentages are non-seasonally adjusted.)
Contributing to the sharp decline was a project launched three years ago by JPMorgan Chase and 10 other large employers. As its name implies, the 100,000 Jobs Mission committed to hiring 100,000 veterans by the end of 2020. Now, with more than 170 companies participating, the project has employed more than 190,000 former military. (more…)