This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
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
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

76,000 New Veterans In Illinois: Younger, Poorer, And In Need Of A New Approach

Social Impact Research Center Report Reveals Blueprint to Support New Veterans

CHICAGO, Dec. 5, 2012 /PRNewswire-USNewswire/ -- Troops returning home to Illinois from duty in Iraq and Afghanistan represent a new kind of veteran: they are younger than the majority of veterans in Illinois, there are more female service members than ever before, they face high rates of unemployment, and they suffer unique physical and mental wounds. A new report released today provides previously unseen data on recent veterans and a blueprint to help service providers, employers, education leaders, elected officials, religious leaders, and philanthropic organizations adopt new strategies to support veterans' reintegration to civilian life. The report was prepared by the Social IMPACT Research Center with the support of the Robert R. McCormick Foundation Veterans Initiative.

The report, New Veterans in Illinois: a Call to Action, includes a snapshot of new veterans in Illinois:

  • Age: 78% are in their 30s or younger.
  • Employment: Illinois had the 4 th highest unemployment rate of all states for new veterans in 2010, at 13%.
  • Gender: Women comprise 17% of new veterans, more than ever before. A higher percentage of female veterans (18%) are not in the labor force compared to male veterans (11%). Nearly half of female veterans (47%) with children are raising them alone, nearly twice the rate of male veterans (25%).
  • Physical Wounds & Mental Health: 26% of veterans who were deployed since 9/11 were deployed more than once, leaving them more vulnerable to invisible wounds such as Traumatic Brain Injury and/or PTSD.
  • Geography: New veterans are concentrated in and around Chicago, near the Great Lakes Naval Base, and around St. Louis, near the Scott Air Force Base. Large numbers also reside mid-state and in north-central Illinois. 50% live in the Chicago area and 17% live in the St. Louis area.
  • Income: 46% earn less than $30,000 annually.
  • Education: 67% have a high school diploma, and 22% have a college or professional degree.
  • Military Experience: The majority served in the Army, followed by the Air Force. The top three army occupations were logistics, infantry, and medical, and the top two Air Force occupations were support, and maintenance.

"The newest cohort of veterans of the United States Armed Forces is a unique population with particular needs. They face a challenging context upon return: an economy with few job openings, systems of care that have grown accustomed to serving older and predominantly male veterans, and personal reluctance to seek help," says Social IMPACT Research Center report author Lindy Carrow. "The newest veterans may also suffer from mental and physical injuries, such as Traumatic Brain Injury resulting from the heightened use of improvised explosive devices during the Global War on Terror, which act as barriers to reintegration into civilian life. These veterans require sufficient supports in order to prevent the long-term negative impacts that many previous veteran cohorts have suffered."

"An inadequate response after Vietnam impacted many veterans for decades afterward. We need to respond differently to support our new veterans' return, and we must start now, as many are already struggling with the lasting impacts of wounds of war, unemployment, and homelessness," says Robert R. McCormick Foundation President and CEO David Hiller. "To properly support and serve veterans, communities should develop a coordinated and adequately-supported system of services to meet veterans' needs, and this new report provides a blueprint for how to do that."

TO READ THE FULL REPORT, PLEASE VISIT  http://www.heartlandalliance.org/research/ or download the report directly here.

The Robert R. McCormick Foundation is committed to fostering communities of educated, informed and engaged citizens. Through philanthropic programs, Cantigny Park and museums, the Foundation helps develop citizen leaders and works to make life better in our communities. The Foundation was established as a charitable trust in 1955, upon the death of Colonel Robert R. McCormick, the longtime editor and publisher of the Chicago Tribune. The Robert R. McCormick Foundation is one of the nation's largest foundations, with more than $1 billion in assets. To learn more, visit www.McCormickFoundation.org , follow us on Twitter at www.twitter.com/McCormick_Fdn , or like us on Facebook at www.facebook.com/McCormickFoundation .

The Social Impact Research Center (IMPACT) , the research arm of Heartland Alliance, provides dynamic research and analysis on today's most pressing social issues and solutions to inform and equip those working toward a just global society. To learn more, visit www.HeartlandAlliance.org/research , follow us on Twitter at www.twitter.com/IMPACTHeartland , or like us on Facebook at www.facebook.com/Social.Impact.Research .

SOURCE Robert R. McCormick Foundation

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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!

Markets

DOW 17,778.15 +421.28 2.43%
S&P 500 2,061.23 +48.34 2.40%
NASDAQ 4,748.3960 +104.0840 2.24%

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