GE pledged Monday to hire 5,000 Veterans over the next 5 years.
The company will also partner with the Chamber of Commerce in order to sponsor 400 job fairs for Veterans in 2012 as part of the Chamber’s “Hiring our Heroes” initiative.
GE will also offer hiring training and services at several of the job fairs.
Unemployment appears to be hitting the post-9/11 generation of Veterans particularly hard. Although the unemployment rate dropped from 13.3 percent in December to 9.1 percent for January, the U.S.’s newest Veterans still have a higher jobless rate than that of the general population, which dropped to 8.3 percent for January.
Although Congress passed tax credits as incentives for businesses to hire Veterans, it is unclear how much of an effect the legislation will have in the long run.