“…why does the jobless problem persist?”
“Loughran concludes the culprit is job search. Young veterans, by definition, leave a stable job and enter what is to them a strange new world — American capitalism. The key evidence is that the unemployment difference between veterans and nonveterans evaporates over time. It decreases by almost half a percentage point each month after the average individual leaves the service.
In short, U.S. military veterans have superior job skills but no job search skills.” Thomas E. Ricks; “There’s a reason America’s vets cant’ find work but not what Ben Bernake thinks.” Foreign Policy, October 5, 2015
