New research from RAND Corp. finds that after leaving the service, many veterans earn less money than they did while in active duty.
The report, , uses data from more than one million records from the armed forces from 2002 to 2020.
Among the questions the authors address are:
- which military occupations are associated with higher rates of employment and higher earnings after service;
- what individual characteristics of service members are associated with labor market success; and
- how does service members’ income after service compare with their active-duty income?
The authors say their findings emphasize the importance of helping service members build marketable skills and supporting their transitions into the civilian workforce.
The report is available .
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Here is a selection of past stories with and about military veterans in the insurance industry published by Insurance Journal:
- Trying to Fit In at Work, Veterans Downplay Military Service, Injuries
- P/C Insurance Industry Enlisting Veterans in Talent War
- Mission Accomplished: Post-Military Job with a Purpose
- Veteran Gambled and Won in Starting Own Agency
- Aon’s Warriors Bring Military Values to Managing Global Risks
- Agents Creating At-Home Insurance Jobs for Disabled Veterans
- Why the Insurance Industry Supports and Hires Veterans
- Graduate of Disabled Veterans Insurance Careers Hired to Florida Insurance Agency
Topics Profit Loss
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