This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Vets Navigate Tough New Terrain _ The Job Market

Smith, who estimated the Navy spent more than $1 million to train him, described a desperate search to eke out a living, seeking out part-time jobs as a bartender and mail sorter, working as a day laborer, volunteering to be a test patient in drug studies.

He's now working on his EMT certification at a criminal justice academy in Virginia and has a job offer, according to the Iraq and Afghanistan vets' group.

Those kinds of stories have turned the spotlight on vets and accomplished something rare in Washington â¿¿ bipartisanship.

Last year, Democrats and Republicans overwhelmingly supported a measure that President Barack Obama signed into law that provides tax credits to businesses hiring vets. It allows for up to $5,600 for each veteran unemployed longer than six months and as much as $9,600 for those with service-related disabilities out of work that same length of time.

First lady Michelle Obama, along with the vice president's wife, Jill Biden, recently marked the year anniversary of their own campaign, Joining Forces, to help vets and their spouses, especially with employment. Mrs. Obama also has made a new push for hiring in and around military bases; her program announced in April it has lined up commitments for more than 15,000 jobs in the coming years, most in telemarketing and customer support companies.

The private sector has stepped in, too.

Some are small ventures. For example, Ray Sizer, co-founder of National Energy Solutions in Levittown, Pa., an energy efficient lighting and electrical contractor, says hiring vets is a major priority and he hopes to add 10 or 15 for large projects now lined up.

Sizer, a second-generation Navy vet, points out Levittown, a planned suburban community about 20 miles from Philadelphia, "was built on (World War II) veterans returning home. They all had opportunity. Now they're coming home to what opportunity? There's hardly any."

4 of 8

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,042.90 -28.32 -0.17%
S&P 500 1,972.29 -5.51 -0.28%
NASDAQ 4,493.39 -12.4620 -0.28%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs