Unemployment rate for veterans at 10.9%
Katie Wood | May 11, 2011

After the successful mission by U.S. and intelligence teams to bring down Osama bin Laden, U.S. Sen. Kay R Hagan, D-N.C., expressed her concern over the nearly 11% unemployment rate for veterans returning from Iraq and Afghanistan.

The National unemployment rate edged up to 9% in April and for the third consecutive month the economy created more than 200,000 jobs. But the unemployment rate for veterans returning from Iraq and Afghanistan remains unchanged at 10.9%.

The bipartisan Hire A Hero Act, introduced in February by Kay Hagan and Scott Brown, R-Mass., extends the Work Opportunity Tax Credit to include members of the National Guard and Army Reserve and make the credit permanent for veterans. This means you can get a tax credit of $2400 for every veteran, Guard or Reserve you hire in 2011.

paver control panel From our partners

There are no comments

Your email address will not be published. Required fields are marked *