IBTTA October 15, 2018

Transcription

1 Department of Labor (DOL) Veterans Employment and Training Service (VETS) IBTTA October 15, 2018 Mark Toal VETERANS.GOV HIREVets.gov

2 Veteran Demographics Median Age of a Veteran is now 64 years old Nearly 50% of all Veterans are in the workforce (9.7M): 67% of Veterans in the workforce are 45 years or older 1.7% of Veterans in the workplace are under 25 years old Less than 6% of the workforce are now Veterans Declining unemployment rates Veteran unemployment rates continue to trend lower than nonveterans ~300K Veterans are unemployed 55% of unemployed Veterans are 45 years or older 2.7% of unemployed Veterans are under 25 years old Bottom line: All studies indicate it is a good business decision to hire Veterans but it takes effort to find and hire Veterans

3 Unemployment rates continue to trend down - for Veterans and nonveterans Unemployment rate (percent) Gulf War-era II Veterans 10.0 Nonveterans Total Veterans NOTE: The unemployment rate is the number of unemployed as a percent of the labor force. SOURCE: Bureau of Labor Statistics, Current Population Survey (CPS), annual averages

4 Veterans Employer Outreach Program Make it easier for employers to find and hire Veterans. Connect employers with federal, state and local resources to facilitate Veterans employment. Assist employers with developing apprenticeships to address skill gaps and to attract more Veterans.

5 Finding and Hiring Veterans The key to success is building and leveraging a network of no-cost resources: State Workforce Agencies American Job Centers / Career One Stops Served 120K Veterans in 2017 State Job Banks /National Labor Exchange Federal Resources Marine For Life, Soldier For Life, Citizen Soldier for Life, National Guard Bureau Veteran Service Organizations US Chamber of Commerce Hiring Our Heroes Events Review our Employer Guide (Veterans.gov)

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7 Value Proposition / ROI Veterans: Identifies a proven Veteran ready employer Facilitates a more focused employment search Employers: Only Veteran hiring award at the federal level Distinguishes local effort on a national basis Assists in recruitment and advertising effort Certificate/Award from the Secretary of Labor Rights to a digital Medallion with year of award to use Could mean recognition over competitors Published list of award recipients +600K Veterans served by DOL / 165K TSMs (2017)

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9 Department of Labor s Registered Apprenticeship Program Benefits to Companies: Receive consulting services from DOL in the design, development, and structure of their Registered Apprenticeship program By partnering with DOL, it will bring a level of credibility to their training program by meeting approved standards Upon completion of the program, the apprentice will earn a nationally recognized credential. This credential be used as a recruiting tool to attract prospective applicants The company will attract Veterans and those transitioning out of the service since they will be able to utilize GI Bill benefits Increased employee retention / reduce turnover costs Creates a system where employers can track return on investment of training dollars invested

10 Department of Labor s Registered Apprenticeship Program 19

11 NATIONAL APPRENTICESHIP WEEK November 12-18, 2018 HERE'S HOW YOU CAN GET INVOLVED! Spread The Word Host An Event Submit Proclamations, Photos & More Find An Event Near You Share information about NAW and encourage your stakeholders to get involved! #NAW2018 Help plan and promote NAW events, and don t forget to share details on the NAW website! Encourage your contacts to submit proclamations, photos, videos, blogs, and more. Use our new NAW event locator map to find an event near you. Visit Office of Apprenticeship Team OA is On the Move 11

12 Questions?