HeadlinesBriefing favicon HeadlinesBriefing.com

US Contractors Miss Veteran Hiring Goals

Wall Street Journal US Business •
×

Federal contractors are largely failing to meet government-set hiring goals for military personnel, a new analysis finds.

The Biden administration has pushed companies receiving federal contracts to hire more veterans, setting ambitious targets as part of broader workforce development efforts. However, most contractors are falling short of these benchmarks.

According to the analysis, a significant portion of federal contractors have not reached the veteran hiring goals established by the Department of Labor. The shortfall spans multiple industries and company sizes, indicating widespread challenges in meeting the policy objectives.

The government has tied federal contract eligibility to compliance with these hiring requirements, creating pressure on companies to improve their recruitment of military veterans. Despite these incentives, progress remains limited.

Officials are now considering additional measures to strengthen enforcement and support for veteran hiring initiatives among federal contractors.