Microsoft Corp. announced today the names of the six organizations that will receive the $8 million grants in cash and software, which will help veterans and their spouses get the education, the job training and the placement programs that will develop the skills they need to succeed in finding a job.
Even if, despite the economical crisis, the unemployment rate has stabilized, the situation is a bit different for veterans: last month, the unemployment rate among Iraq and Afghanistan veterans rose to 10.6% (compared to 8.8 for civilians), according to data from the US Bureau of Labor Statistics.
Over the past six months, there has been a gap forming between unemployment rates of veterans and civilians, so to help built a bridge, Microsoft is awarding $2 million in cash and $6 million in software and information technology skills training courses, to helps veterans and their spouses make a successful transition to the civilian life.