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Veteran Economic Opportunity Report
Veterans Benefits Administration Reports
Veteran Economic Opportunity Report
Veterans Economic Communities Initiative Pilot: 2016 Program Report and Highlights
This report provides a condensed update of the national portrait of the Veteran population, offering a framework and context for a deep dive into the strategy, activities, lessons learned, and promising practices of the program’s first year
Among this report’s key findings:
- In 2010-2015, DoD separated an average of 309,000 Servicemembers. Ninety percent of them were enlisted.
- During the period of 2010-2015, enlisted transitioning Servicemembers increased their 4-year college degree attainment to 7% from 3%.
- While the increase of educational attainment has increased for transitioning military, Post 9-11 GI Bill flexibilities also supports short term training, On the Job training programs (OJT), and registered apprenticeships.
- One out of four Post 9/11 Veterans are employed by the government industry (federal, state, local), followed by manufacturing, and professional and business services. While median income declined for the general population and Veterans, both male and female Veterans still trend significantly higher wages than their non-Vet counterparts.
2015 Veteran Economic Opportunity Report
The 2015 Veteran Economic Opportunity Report uses data on employment, income, education, and use of benefits to evaluate the economic competitiveness of Veterans.
Among this report’s key findings:
- Approximately one out of two (53%) separating Post-9/11 Veterans will face a period of unemployment.
- Veterans want to work and are not relying on the full term of their unemployment benefits.
- Post-9/11 Era Veterans are doing better than their non-Veteran peers in earnings.
- The Post-9/11 GI Bill® is a key strategy to improve Veterans’; and their family’s economic opportunity.
- Female Veterans are doing well compared to their non-Veteran female and Veteran male peers in both career earnings and education.
