Military Veterans Flourish in Tough Economy According to TroopSwap.com Review

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Veterans’ Median Income and Employment Rate Higher Relative to Non-Veteran Population

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The economic data overwhelmingly indicates that veterans excel in the workplace relative to their non-veteran peers once they are given an opportunity to work.

While younger veterans suffer from disproportionately high unemployment rates, the overall veteran population is flourishing. According to a July 2012 report released by the Bureau of Labor and Statistics, veterans enjoy a substantially lower rate of unemployment at 6.9% versus the national unemployment rate at 8.3%. In addition, the Census Bureau released an infographic based on a study that found veterans earn over $10,000 more per year in median income relative to non-veterans.

Blake Hall, CEO of TroopSwap.com and a veteran of the Iraq War, observed, “Relatively high unemployment rates for young veterans suggests that transitioning service members aren’t able to effectively translate their military experience into private sector qualifications. The silver lining is that the economic data overwhelmingly indicates that veterans excel in the workplace relative to their non-veteran peers once they are given an opportunity to work.”

TroopSwap, a company founded by two decorated Army Rangers who met while attending Harvard Business School, has developed authentication technology that allows brands to verify the military affiliation of their customers while they are online. The veteran founders developed this solution after observing that military discounts are offered in physical stores but they are not generally offered online due to concerns of fraud in the absence of a credentialing service.

Military friendly businesses wishing to advertise discounts to the most powerful affinity group in the world can sign up for free to learn more about the program: https://www.troopswap.com/partners

About TroopSwap:
TroopSwap.com is the first ecommerce platform exclusively for military families. The company is a member of the Department of Defense’s Military Spouse Employment Partnership due to a focus on placing military spouses into sustainable employment opportunities. The Service Disabled Veteran Owned company further serves the military community by donating 10% of the company’s profits to the Wounded Warrior Project. Veterans and military spouses collectively represent over 75% of the company’s workforce. To learn more e-mail TroopSwap at getinvolved(at)troopswap(dot)com, follow TroopSwap on Facebook at facebook.com/TroopSwap or Twitter @TroopSwap

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Blake Hall

Matthew Thompson
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