According to the U.S. Department of Veteran Affairs in a 2014 study, there are over 890,000 veterans living in the state of New York.
The Veteran Poverty Rate increased 8.7% between 2005 and 2012. Veterans of all eras attain 3% lower median earnings than non-veterans with similar demographics.
Many uninsured veterans are estimated to have incomes even below Medicaid Eligibility. The Department of Veteran Affairs is facing a $3 billion dollar budget shortfall which will affect the care of many U.S. veterans.
Most veterans want to work and are not relying on the full term of their unemployment benefits. 95% of Veterans will connect to employment before using their full 26 weeks of unemployment benefits. However, the average duration of unemployment is on the rise from 18 weeks in the last 6 years to 22 weeks in 2013.
New York State Veteran Chamber of Commerce