Companies' Mission: Finding Military Veterans 100,000 Jobs

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Veterans and their family members attend the first ‘100,000 Jobs Mission Hiring Event’ at Naval Support Activity Bethesda, Md.
Veterans and their family members attend the first ‘100,000 Jobs Mission Hiring Event’ at Naval Support Activity Bethesda, Md. (Mass Communication Specialist 3rd Class Shannon Burns/U.S. Navy photo)

If you're a military member leaving active service, you may be one of 100,000 veterans who will be hired by a leading corporation as part of the "100,000 Jobs Mission."

Organized by JPMorgan Chase, which has partnered with 10 other large companies, the goal of the mission is for all 11 companies to collectively hire 100,000 military members by the end of 2020. The following companies have joined together in this effort to hire military and veterans:

  • AT&T
  • Broadridge Financial Solutions Inc.
  • Cisco Systems Inc.
  • Cushman & Wakefield Inc.
  • EMC Corporation
  • Iron Mountain Incorporated
  • JPMorgan Chase & Co.
  • Modis
  • NCR Corporation
  • Universal Health Services Inc.
  • Verizon Communications Inc.

Today, these companies together employ more than one million people. With unemployment currently at an estimated 12.5% for veterans leaving the military today, the partnership for the 100,000 Jobs Mission will commit to hiring 20,000 of these by the end of 2012.

"We have spent a lot of time speaking with military officials and veterans lately, and over and over, they say the biggest issue facing men and women from the armed services is finding good jobs when they leave active duty," said Frank Bisignano, JPMorgan Chase chief administrative officer who is also responsible for the company's home lending business.

"Not only is this the right thing to do for veterans, but all of the companies in the 100,000 Jobs Mission recognize it's a great thing to do for our businesses. Our nation's military and veterans represent the best this country has to offer. They are disciplined, principled and highly skilled. They will make outstanding employees."

The 100,000 Jobs Mission will be formally set up over the coming weeks.

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