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Disabled Vets Find New Opportunities in Labor Market

What do you get when you combine the coming surge in retirees with nearly full employment? You get more opportunities for disabled veterans.

More than $14 billion in public funds are invested annually in training and educating service members, said Debra Ruh, president and founder of TecAccess, which works with veteran retraining and placement. Ruh was a speaker at a recent webinar hosted by the Job Accommodation Network (JAN).

Ruh told participants that the U.S. Department of Labor reports an estimated 6 million veterans with disabilities in the United States and that more than 200,000 veterans are predicted to enter the workforce each year. According to Ruh, veterans are a rich source of talent. Employers concerned about filling job openings should consider recruiting from this sometimes-overlooked group of highly skilled workers.

According to Ruh, Fortune 1000 companies are beginning to realize that veterans with disabilities can fill the predicted labor shortage and that many companies already include people with disabilities among their diversity strategies.

Private employers who want to learn how they can tap into this resource should contact the U.S. Department of Veterans Affairs programs, Hire Vets First, and the Employer Assistance and Recruiting Network (EARN) to develop partnerships aimed at hiring veterans.

Beginning with the 2007 tax year, employers can take advantage of the employer tax credit of up to $600 per veteran hired. Employers can claim the tax credit on their 2008 returns.

To learn more, go to Society of Human Resource Managers web site at www.shrm.org

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