More than 100 construction companies pledge to hire 100,000 veterans over the next 5 years as a way of non-governmental support for former troops, reported the Washington Post on Feb. 10.
First lady Michelle Obama and second lady Jill Biden are among the most devoted supporters of the initiative.
According to the Bureau of Labor Statistics, the construction industry is expected to gain 1.6 million jobs by 2022, thus becoming the 11th highest anticipated rate of growth at 2.6 % annually.
Michelle Obama said that the construction companies are eager to make this commitment not only because of sheer patriotism or because they want to repay the veterans for their service to the country; they do it, because is good for their business.
“Veterans are invaluable to the construction industry,” said Larry L. Melton, an executive with Bechtel Corporation, one of the firms involved in the pledge. ”Men and women who serve in the military often have the traits that are so critical to our success: agility, discipline, integrity, and the drive to get the job done right.”
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