GE to Hire 5,000 Veterans in Next 5 Years
The announcement is part of a four-day event in Washington, D.C., in which business leaders and politicians are discussing how to make the country and its labor force more competitive in the future.
|GE has announced plans to hire thousands of veterans and offer job training options around the country.|
General Electric isn't the first company to pledge to hire more veterans in the coming years. Last year, the American Logistics Association, a trade group representing more than 200 companies including Tyson(TSN) and Coca-Cola(KO) , pledged to employ 25,000 veterans by the end of 2013. President Barack Obama has also pushed for offering tax credits to businesses that bring on veterans.
The unemployment rate for veterans has remained slightly below the national average since the recession, but it is still more than twice as high now compared with what it was before the economic downturn began in late 2007.
>To submit a news tip, email: firstname.lastname@example.org.