Did you know that nearly one-third of veteran job seekers are underemployed?
The Call of Duty™ Endowment partnered with ZipRecruiter, the fastest-growing online employment marketplace, to create a national report examining the current state of U.S. veteran employment activity. Veterans are struggling to find meaningful employment after their service, and as a result, many of them accept jobs that are below their experience and skill level - a phenomenon often referred to as underemployment.
At the Endowment, underemployment is an issue that we see firsthand. Each month, thousands of veterans reach out to our 10 grantees looking for employment assistance, a number that has increased every year for the last 3 years. ZipRecruiter’s report has provided us with data which highlights the underemployment issue vets are disproportionately facing nationwide.
“Unfortunately, government employment numbers don’t account for veterans who are underemployed or those who have stopped looking for work altogether,” said Dan Goldenberg, the Endowment’s Executive Director. “The government statistics make determinations about individuals’ employment status by relying on data from one question the Census asks each month: ‘Did you do any work for pay last week?’ Under that standard, mowing your neighbor’s lawn for $20 gets you counted as employed. We need more relevant and better quality data on the economic health of our veterans. This new study—thanks to Zip Recruiter’s partnership—is one of the largest of its kind and a great first step on that path.”
In addition to shining a spotlight on the challenge of underemployment, the report also showcased the incredible assets that veterans are to the United State workforce.
A majority of employers report that veterans perform “better than” or “much better than” non-veterans.
Experience, perseverance, leadership and directly-relevant skills top the list of desirable qualities that employers find attractive in veterans.
Compared to non-veterans, veterans are more likely to be in executive, management and other leadership roles in business functions such as sales or operations.