COVID-19 Hits Veterans Hardest

COVID-19 Hits Veterans Hardest

(FinancialHealth.net) – Businesses across the country have laid off workers and closed their doors during the COVID-19 pandemic to slow the spread of the virus. More than 39 million Americans are out of work as a result. Some people are feeling it more than others, though.

According to reports, veterans’ jobs are being impacted more than any other group. Over one million former military members lost their jobs in April alone. The high unemployment for vets is why Rep. Mark Takano (D-CA) introduced the Work for Warriors Act. The bill will help former military members get jobs.

Although the news is jarring, there are organizations stepping up to help our warriors. Activision Blizzard donated $2 million to Call of Duty Endowment (CODE) to help veterans. The PenFed Foundation, Soldiers’ Angels and many other foundations are also providing assistance to military heroes in need.

The hope is that the current unemployment crisis will ease as businesses are allowed to begin reopening. Rep. Takano is right, though; a job placement program specifically for veterans isn’t a bad idea. These brave men and women shouldn’t have to suffer financial uncertainty after they’ve given so much to their country.

~Here’s to Your Financial Health!

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