The construction industry yesterday pledged to hire more than 100,000 veterans over the next five years.
First Lady Michelle Obama and Labor Secretary Thomas Perez announced that a coalition of more than 80 construction employers and associations have teamed up with the Labor Department and the White House’s Joining Forces campaign to hire more veterans.
“Veterans are invaluable to the construction industry,” said Larry L. Melton, project executive for Bechtel and a Marine Corps veteran. “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. Bechtel is passionate about supporting veterans and we continue to expand our efforts to hire transitioning military members.”
The construction industry is expected to grow in the coming years – outpacing the growth of the rest of the economy. The Bureau of Labor Statistics estimates that construction will add more than 1.5 million jobs between now and 2022 – an annual growth rate of 2.6 percent.
Construction companies are committing their existing training and employment programs to fill new construction jobs
“They made this commitment not just because it’s the patriotic thing to do, and not just because they want to repay our veterans for their service to our country, but because they know that it’s the smart thing to do for their business,” Michelle Obama wrote in an op-ed piece for yesterday’s Wall Street Journal.