Chairwoman Herseth-Sandlin, Ranking Member, thank you for allowing me a few moments to speak on H.R. 5484, the VetStar Veteran-Friendly Business Act and an opportunity to encourage more companies to hire veterans.

As you are aware, veterans unemployment is a national crisis.  The economic downturn combined with a large number of soldiers returning from war has created a tragic environment for those leaving the service.  According to the Department of Labor, the unemployment rate in 2009 for young Iraq and Afghanistan veterans, ages 18 to 24, was 21.1 percent. 

This bill will recognize local businesses that go above and beyond by hiring the veterans who in today’s economic environment are finding it increasingly difficult to find stable employment.  There are a lot of great ideas floating around Washington right now for how to address this problem, and I believe it is going to take a multifaceted bipartisan effort to truly make a lasting impact.   I don’t believe there is a single silver bullet that can fix this problem all at once, but I believe that a low-cost reward system such as this could have a positive effect in encouraging businesses to do their part.  By recognizing deserving businesses in our communities, this bill aims to not only increase opportunities for veterans, but also have a positive impact on the companies recognized. The VetStar certificate of recognition, to be displayed by business owners, would label them as a proven supporter of vets, and would aim to help businesses build a strong reputation in the veteran community and among Americans who support veterans.

The heart of the issue and the VetStar Veteran-Friendly Business Act is to better serve our veterans by driving them towards stable economic opportunities while readjusting to society.  I look forward to hearing from the VA and the other distinguished panel members today.

Thank you Madam Chairwoman, this concludes my statement.