The Bureau of Labor Statistics releases annual figures on employment for veterans every March. There’s a familiar story that veterans from the post-9/11 era have had an especially hard time finding work. However, the numbers supporting that premise turn out to be elusive.
There is this striking graph from the Institute for Veterans and Military Families at Syracuse University:
This chart from Syracuse University shows that veterans ages 20-24 have higher unemployment rates than older veterans, and than the general population. But other data isn't broken out.Courtesy:Syracuse University Institute for Veterans and Military Affairs
"If you look back to about ten years or so you start seeing a real spike," says Nicholas Armstrong, the Institute's research director. "A gap in terms of unemployment being higher for vets that are ages 20 to 24."
However, that’s a small group — small enough that the gap isn't always statistically significant, according to Jim Walker, an economist who tracks veteran-employment numbers at the Bureau of Labor Statistics. "That group, there's very few of them," he says. "It has a very high error rate."
The Syracuse chart also leaves out other numbers that seem like they would make a useful comparison, For instance: What about 25 year-old vets? What happens when those younger vets turn 25? Armstrong’s group hasn't tracked those stats over time.
It’s not that the data undercut the familiar narrative. Only that I haven’t seen an analysis that demonstrates that story.
Neither has Kate Kidder, a researcher who looks at veterans issues at the Center for a New American Security. She says veterans groups, lobbying for resources, do push stories about out-of-work veterans.
"Individual stories are compelling," she says. "And it’s also — a number of these folks were coming back as the economy was tanking."
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HBO's "Silicon Valley" is about a lot of things: being an underdog, funding a business, succeeding in a competitive field. But it's also about being a techie, and the way in which the world sometimes labels you a "nerd." And as actor and comedian Thomas Middleditch points out, television and film have not always been kind when portraying nerds.
We caught up with him on the streets of Austin during SXSW Interactive. For his part, Middleditch is proud of the research that goes into accurately portraying Silicon Valley. For him, it means the poking fun at the people in the tech industry is earned. And if anyone engrossed in start-up culture is paying attention, he also points out they can learn a lot from improv comedy when it comes to improving their approach to working with others.
Click below for an extended cut of our conversation with Thomas Middleditch:
Silicon Valley premiered at last year's SXSW Interactive conference, and is gearing up for a season 2 premiere on April 12th.
The age Rep. Aaron Schock was elected to the Peoria school board, shortly after graduating. He would become board president at 22 and eventually represent Peoria's district as one of the youngest lawmakers on Capitol Hilly. Schock resigned Tuesday amid a spending probe, and the Washington Post has traced the congressman's rapid rise and the never-too-big attitude that may have been his undoing.9 minutes
The gap between when students were alerted to a shooting at Florida State University via Yik Yak and when the school's emergency notification came through. The app, popular on college campuses, is part of a theme the Marketplace Tech team has seen running through SXSW Interactive this year: Users want more than just data privacy, they value anonymity too.123456
Speaking of privacy, that's the most common password among 15 million put online by a security analyst and Russian hackers, Quartz reported. That seems obvious, but interestingly that pattern of keystrokes is also the most common, accounting for passwords like "qwerty," "asdfgh" and any other combination of six adjacent keys to the right. Here are the other most common combinations:Courtesy:WP Engine via Quartz 20-24 years
The age group researchers at Syracuse University found a sizeable gap in employment between veterans and non-vets. There's plenty of anecdotal evidence showing veterans from the post-9/11 era have more trouble finding employment, Marketplace's Dan Weissmann learned hard numbers are difficult to come by.
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Pinterest is the latest company to get a multi-billion dollar valuation. But how do investors and the startup founders decide what a company is worth in the first place?
Marketplace host David Gura spoke with Sarah Frier of Bloomberg Business to find out.
“The founder will go out and take meetings with venture capitalists, sovereign wealth funds, institutional investors like the big banks who are trying to get in on these big deals and they’ll negotiate,” Frier says.
Take Snapchat, for example. The company is valued at almost $15 billion — which might be proof that a messaging app is worth about as much as Campbell’s Soup, a company that actually makes food.
“What you don’t hear is the steps that it took to get there,” Frier says.
Companies are realizing how easy it is to get funded by venture capitalists. And investors are eager to provide that cash.
“It’s easy to go to investors who have fear of missing out on the next Google or Facebook. They want to get in your company early,” Frier says.