According to a recent Los Angeles Times media report, thousands of military personnel returning from duty in Afghanistan may have been demoted or replaced, despite the Uniformed Services Employment and Reemployment Rights Act.
The report says private and Government employers are involved in the job cuts. What are viable options for these Veterans who may not have success finding another job quickly?
More than 750,000 Veterans are currently unemployed, with an additional one million anticipated to leave service between now and 2017.
Like the non-military workforce, which saw millions of jobs wiped out as a result of the recession, many Veterans are turning to entrepreneurship instead of seeking employment. The Small Business Administration estimates 20 percent of Veterans are interested in starting or purchasing their own business.
Programs are available to help Veterans sharpen their business and management skills so they can become successful entrepreneurs. As one example, Veterans Pathway is a non-profit organization founded by a Veteran of the Korean War to provide entrepreneurial Veterans with funds to help them start or grow their own business.