Tuesday, February 11, 2014

Ft Bliss Job Summit

Colleagues and Fellow Veterans,

Ft. Bliss; Before providing the most recent Bureau of Labor Statistics
that were released this morning, I wanted to take this opportunity to
tell you about a successful event we attended earlier this week---the
Fort Bliss Employment Summit -February 3rd and 4th, a collaborative
effort of the Departments of Veterans Affairs, Defense and Labor and
the U.S. Chamber of Commerce Hiring Our Heroes Foundation. VA
highlighted onsite VetSuccess.va.gov registration, and provided
outreach and education about VA's available educational counseling
(Chapter 36). We also highlighted the VetSuccess.va.gov functionality
and resources to employers.

Highlights include:

Over 1,000 individual job seekers attended and connected with
employers (interviews, resume building workshops etc.)
All military services represented to include the Coast Guard
Nearly 100 individuals were offered positions on the spot
Over 100 employers signed up as committed Veteran employers with VA
Employers expect to hire over 300 individuals as a result of a
connection made at the hiring fair.

BLS; As with the first Friday of every month, the BLS employment
statistics were released today. Attached is our 'cheat sheet' for
your use and information. Bottom line; National unemployment went
from 6.7% to 6.6%, Veteran unemployment went from 5.5% to 5.6%. An
interesting new development from our friends at the Department of
Labor, they released new tables that add granularity to the
"Unemployed Veterans in School". Previously, we only had the number
for 18-24 year olds whereas now they have it broken down by age
cohorts, full time and part time, and up to 54 years of age.

Removing those who are in college either full-time or part-time yields
the following changes:

All (18-54) = 49k - unemployment rate goes from 5.6% to 5.1%

18-24 = 4k* - unemployment rate goes from 11.9% to 9.2%

25-34 = 18k - unemployment rate goes from 8.8% to 7.6%

35-44 = 19k - unemployment rate goes from 4.9% to 4.0%

45-54 = 8k - unemployment rate goes from 6.3% to 6.0%

*Does not meet BLS publication criteria


Curtis L. Coy
Deputy Under Secretary for Economic Opportunity
Veterans Benefits Administration
U.S. Department of Veterans Affairs


Sean Eagan

Life Member VFW NY Post 53
American Cold War Veterans, Inc.
Web: http://americancoldwarvets.org/
Blog: Cold War Veterans Blog
Email: Sean.Eagan@gmail.com
Phone: 716 720-4000
Network: My Fast Pitch! Profile

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