Photo by Keith Myers/Kansas City Star/TNS

Walmart's veteran hiring initiative soars, giving jobs to thousands

Matt Saintsing
February 16, 2018 - 1:33 pm

Walmart, the nation’s largest employer, announced Wednesday it has hired more than 194,000 veterans and promoted more than 28,000 since launching their veteran-focused hiring progam. 

Launched in May 2013, Walmart’s Veterans Welcome Home Commitment guarantees a job offer to any eligible, honorably discharged veteran who has separated from the military since Memorial Day, 2013.

The American retail conglomerate is in the home stretch of reaching its goal to hire 250,000 vets by 2020.

“At Walmart, we see the dedication and value veterans bring to the workforce every day, and we’re committed to providing service men and women open paths to success,” said retired Brig. Gen. Gary Profit, senior director of military programs at Walmart.

“We are proud to use our strengths to support veterans and their families, not only as they reintegrate into the civilian workforce, but throughout their entire career.”

But, Walmart isn’t stopping there.

In addition to hiring veterans, they’re helping potential veteran-entrepreneurs by co-sponsoring Veteran EDGE, a conference dedicated solely to vet-owned businesses held Feb. 16-18 in Austin, Tx.

A partnership with Syracuse University’s Institute for Veterans and Military Families (IVMF) makes this conference possible.

“Veteran owned businesses play an integral role in our nation’s economy. There are more than 2.5 million veteran owned businesses in the U.S. and they employ more than 5 million Americans, generating more than $1.1 trillion in sales annually,” said Mike Haynie, founder and executive director of the IVMF and vice chancellor of Syracuse University.

“Walmart leads the way in the private sector with regard to their commitments to the veteran community. Our longstanding partnership is a key contributor to the ability of the IVMF to serve transitioning service members, veterans and their families in communities across America.”

Last month, the veteran unemployment rate was 4.5 percent, a 0.5 percent drop since Jan. 2017, according to the U.S. Department of Labor. The unemployment rate for non-veterans last month was 4.4 percent.