VOW to Hire Heroes Act
Comprehensive Legislation to End Veteran Unemployment
The “VOW to Hire Heroes Act” is a bipartisan, bicameral, comprehensive legislation that would lower the rate of unemployment among our nation’s veterans. And, the VOW to Hire Heroes Act is completely paid for and does not increase the deficit.
According to the Labor Department, there are 3.4 million job openings right now in the United States. Yet, many employers are finding that workers do not have the skills or training they need to qualify for them. There are nearly 900,000 unemployed veterans in the United States–a staggering figure. The latest Department of Labor unemployment report shows that in October 2011, the average unemployment rate among all veterans was 7.7% and 12.1% for veterans returning from Iraq and Afghanistan. Equally troubling, veterans between the ages of 35 and 64, the group with the highest financial obligations and the fewest available VA education and training options, continue to make up nearly two-thirds of all unemployed veterans. Overall, nearly one in twelve of our nation’s heroes can’t find a job to support their family, don’t have an income that provides stability, and don’t have work that provides them with the confidence and pride that is so critical to their transition home.
This bill combines provisions of Chairman Miller’s Veterans Opportunity to Work (VOW) Act - which passed the House on October 12, 2011 - (H.R. 2433; Report #112-242), and Chairman Murray’s Hiring Heroes Act (S. 951; Report #112-36), and veterans’ tax credits into a comprehensive jobs package that will aggressively attack the unacceptably high rate of veterans' unemployment by:
- Expanding Education & Training:
- Improving the Transition Assistance Program (TAP):
- Facilitating Seamless Transition:
- Translating Military Skills and Training:
- Veterans Tax Credits:
You can read more complete information about each of these bullets and the bill by going to http://veterans.house.gov/vow
We thank the House Committee on Veterans' Affairs for supply ing this information on their website.