“The eleventh hour of the eleventh day of the eleventh month” (November 11, 1918) was considered the day that ended WWI. As this was hoped to be “the war to end all wars”, America selected this date for Veteran’s Day. Officially observed since 1926, the purpose of Veteran’s Day is “A celebration to honor America’s veterans for their patriotism, love of country, and willingness to serve and sacrifice for the common good.”
How can your organization honor employees who are veterans? “Thank you for your service.” Delivered in person with a handshake and a smile, those few words mean so much to America’s veterans. Or send a hand-written note of thanks. An email or a website posting may also be welcome. Today, in recognition of Veteran’s Day, take a moment to recognize the veterans in your workplace.
Beyond recognizing them, employing veterans is a great way to honor their service and benefit from their unique skillsets. A great resource is the Veteran’s Hiring Toolkit.
A few important statistics to consider…
Who are America’s Veterans?
- Of 17.4 million veterans in 2019, 8.6 million are of working age (18-64).
- Overall labor force participation rate is essentially the same as non-veterans (77% as of 2009).
- Women veterans have a higher labor force participation rate than non-veteran women.
- Overall unemployment rates for veterans are slightly below non-veterans.
- Demographic trends indicate Veterans will increase in the West and South.
- Arizona is home to 532,000+; Colorado is home to 413,000+; New Mexico is home to 157,000+; Utah is home to 138,000+; Wyoming is home to 49,000+ (2018 data)
Looking ahead to 2043:
- Overall Veterans population will decrease: from 22 million to 15 million
- Women veterans will double from 8% to over 16%;
- Non-white veterans will grow from 20% to 34%
*This article was originally published on November 11, 2014