Topic > Veteran Unemployment - 1947

This year, the United States plans to end more than a decade of continuous combat operations in Afghanistan and reduce the size of the military in an effort to contain the federal government's growing deficit. While some welcome these actions, they will have a significant effect on the men and women of the armed forces. As the military is now focused on returning to a peacekeeping posture and cutting personnel, more and more veterans will enter the civilian market. These men and women, who come from all walks of life, will have had very different experiences to their civilian counterparts. These veterans will have spent their formative years in a wartime military, and although they have so much to offer society, often, their service and themselves as individuals are stereotyped with unflattering characteristics by civilian managers, which has a negative impact during their post-military research. for employment. Some civilians consider them to be uneducated and suffering from a variety of mental problems related to their service. This issue is not only relevant to recent veterans, but to anyone who has volunteered to serve in the military. Veteran unemployment is a serious problem for the United States. Those who choose to serve in the military should not experience a negative impact on the civilian market because of their sacrifice. By accurately forecasting veteran unemployment, government and nonprofit leaders can gain a better understanding of the variables that significantly impact a veteran's employment. opportunity. These leaders can then make effective policy decisions and adapt their programs to minimize the problem. Nonprofit organizations offer numerous job training opportunities, as well as interviews and resumes p...... middle of paper ...... The Social Security Administration has not collected information on disability premiums for first 3 months of 2014, therefore, the forecast can have a maximum of 92 data points. Since no historical data is available, forecast accuracy will be negatively affected. Another problem we encountered in making this prediction was that there were very few veteran unemployment variables calculated monthly. Although the independent variables chosen have a significant impact on the veteran unemployment rate, the prediction would only be better if information such as veteran disability premiums and veteran education enrollment were calculated on a monthly basis rather than quarterly or every fiscal year. However, while the variables used in the forecasts may not be perfect, they will still be able to provide a fairly accurate forecast of veteran unemployment..