Financial Headline News for Wednesday 3/21

Phil's Financial Tip of the Day:

Resources for Veterans re-entering the workforce
What resources are available to help them prepare for, seek and secure employment?

Men and women who have served our country possess qualities and skills that are of great value to employers, including a strong work ethic, leadership and problem solving. Yet many veterans struggle with finding employment in the civilian world. According towhitehouse.gov, as of October 2011, more than 850,000 veterans were unemployed. In addition, the jobless rate for post-9/11 veterans was 12.1 percent — well above the national average.

There is some encouraging news: A recent CareerBuilder survey found that 20 percent of employers are actively recruiting U.S. veterans to work for their organizations, and 14 percent are actively recruiting members of the National Guard. Yet, with more than 1 million service members projected to leave the military between 2011 and 2016, where can soon-to-be and current military veterans turn?

Here are four such resources, all with the goal of helping our nation’s heroes succeed in the civilian workforce:

1. EmployVets.com: EmployVets.com matches employers with veterans looking to return to the workforce. The website, powered by CareerBuilder, provides a variety of resources for veterans, including a job-search engine, a tool for discovering how one’s military skills translate to the civilian world, and career advice.
2. Veteran Entrepreneurial Transfer Inc. (VeTransfer.org): According to the website, VeTransfer.org’s mission “is to teach veterans how to become entrepreneurs and to assist them in accelerating their veteran-owned innovations.” The organization, which receives backing from the Federal Department of Veterans Affairs, turns veterans into entrepreneurs by helping them start their own businesses. Veterans are connected with the financing needed to get their venture off the ground and business volunteers and mentors who provide advice, guidance and support.
3. American Freedom Foundation Inc.: The American Freedom Foundation provides grants to organizations that support military veterans, including those related to employment. The Foundation has a special focus on aiding wounded or disabled veterans and their families, as well as the children of those killed in action. One of the most prominent ways the American Freedom Foundation raises money is through itsAmerican Freedom Festivals.
4. America Wants You: The recently launched site, AWY, brings together the private sector and corporate America to find job opportunities for men and women who have served in the U.S. military. CareerBuilder powers the job-search engine, which is free for both veterans and companies. Thousands of jobs are available in a variety of fields, including sales, customer service and information technology management, at companies across the U.S.

To read the entire article from PrimeCB.com a division of CareerBuilder:
http://www.primecb.com/4-resources-for-veterans-entering-the-civilian-workforce/

Best of Luck Veterans! Thank you for your service to our country!

Quote of the Day from Dave Ramsey.com:
A man never discloses his own character so clearly as when he describes another. — Jen Paul Richter

Please listen to the Dave Ramsey show live on WOR 710 from 2-4 PM EST. You can also listen to the 3rd hour 4-5 PM EST on Dave Ramsey.com and at 8PM on WOR 710