The General Electric Corp. has announced plans to hire 12,000 American workers in the next five years, including 5,000 military veterans.
According to a February 13 press release, GE will help returning veterans “integrate into the civilian workforce.” This ambitious increase in hiring is part of a $580 million project to develop and expand their Aviation unit. In one plant in Kentucky, GE has began the production of that plant’s first new appliance line in over 50 years.
For the “Hiring Our Heroes” program, GE has teamed up with the U.S. Chamber of Commerce, who is sponsoring more than 400 job fairs across the country. GE currently employs more than 10,000 military veterans. Many of the veterans are reservists serving overseas.
Development will include remodeling or building a minimum of 16 facilities and plants, as well as some manufacturing training centers. In addition to job fairs, GE will also support healthcare programs to provide “better health at lower costs.” The two pilot health programs will be in Erie, Pennsylvania and Louisville, Kentucky.
GE is also sponsoring a contest called the “What Works Project,” an interactive platform where American nonprofits compete for a weekly prize of $10,000.
Veterans returning from the conflicts in Iraq and Afghanistan are coming home to the worst unemployment in recent history. Regions like Florida and Ohio have experienced unemployment rates over 10 percent in the past year. The average jobless rate for the country continues to hover around 8 percent.
To commence the hiring event, GE announced the latest expansion at the President’s Council on Jobs and Competitiveness, a four-day event in Washington, D.C. The initiative is an educational plan to graduate 10,000 engineers in the U.S.
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- General Electric To Hire 5,000 US Military Veterans (inquisitr.com)
- GE Launches Program Aimed At Hiring Thousands Of Veterans (huffingtonpost.com)
- Smart PR (online-pr.blogspot.com)
- GE to hire 5,000 veterans over next 5 years (kansas.com)
- GE Announces It Will Hire 5,000 Veterans Over The Next Five Years (businessinsider.com)
- Jon Soltz: Stepping Up on Vet Jobs (huffingtonpost.com)
- Veterans Job Fairs: Hiring Our Heroes to Hold 400 Events (offthebase.wordpress.com)
On an annual basis, the available job pool in the corporate world is shrinking by 3-5% every year. At the same time we are continuing in the US to train people to work in this system creating a declining job pool, with more people being trained to fill jobs that are disappearing creating huge unemployment. So why are we continuing to train people for jobs that won’t exist? Today the unemployment rate is running around 7.8%, but if we calculate that number in a real sense the number is closer to 15%. How you ask? We don’t count someone as unemployed if they haven’t looked for a job during the last 30 days. Tell that to those who can’t find a job in their field who are unemployed by the true definition…
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