As two wars draw to a close, the roughly 1.6 million veterans who have fought for America and survived will soon find themselves in the most civilian of activities -- looking for a job. For those who have already come home from the two wars, their search comes in a terrible economy. Although their unemployment rate has fallen from more than 15 percent three years ago, it still has remained uncomfortably high at 8.9 percent this summer (near the overall unemployment rate of 7.8 percent).
But the widely discussed issue of veteran unemployment often fails to acknowledge the plight of disabled veterans. Because of better medical care, more post 9/11 veterans are returning to the U.S. with service-connected disabilities. About 45 percent of the post-9/11 veterans have applied for disability benefits through the Veterans Administration, compared to just 20 percent of veterans from the first Gulf War. What are their job prospects? Paul Heaton is director of the RAND Institute for Civil Justice and an expert in studying disabled veterans.In an interview, Paul Heaton, the co-author of the June RAND report, "Compensating Wounded Warriors," discussed the challenges facing disabled veterans.
- People Who Retire Comfortably Avoid These Financial Advisor Mistake…
- The Worst Way to Withdraw From Retirement Accounts
- 2020: How to Maximize Your Savings
- Historic Refi Rate Alert: 2.02% APR. Can you save?
- Don’t Borrow From The Bank - Borrow From Yourself
- Crush Your Debt: Refinance to a 15 yr fixed
- Home Mortgage Rates Drop Sharply This Week
- HARP Refinance Program is Over. Now What?
- Digital Mortgage Platform Helps Home Buyers Shop for Mortgages
- You Could Earn 70K Miles with this Top Travel Card
- Mind-Blowing Cards for Those with Excellent Credit
- Pay No Interest Until 2023 With A Better Credit Card
- Forget the 30yr mortgage if you owe less than $822K (Do this instea…
- How to pay off your house ASAP (So simple it's unbelievable)
- Congress Gives Veterans A Generous Mortgage Relief Program