Company officials said they believe the program, which will officially begin on Memorial Day — May 27 this year — will lead to the hiring of more than 100,000 people in the next five years, the length of the commitment.

“Let’s be clear: Hiring a veteran can be one of the best decisions any of us can make,” Mr. Simon will say in his keynote speech to the National Retail Federation, according to prepared text. “These are leaders with discipline, training and a passion for service.”

In a statement, the first lady, Michelle Obama, who has led a campaign by the White House to encourage businesses to hire veterans, called the Wal-Mart plan “historic,” adding that she planned to urge other corporations to follow suit. . . . 
 
The unemployment rate for veterans of the recent wars has remained stubbornly above that for nonveterans, though it has been falling steadily, dropping to just below 10 percent for all of 2012.

That was down from 12.1 percent the year before. The year-end unemployment rate for nonveterans was 7.9 percent in 2012.

Wal-Mart’s foundation has consistently been among the most generous contributors to veterans’ charities, committing to donate $20 million to veterans’ causes by 2015. “I take this one personally,” Mr. Simon, a Navy veteran, says in his prepared text.

But the company has also been aggressive about hiring veterans because it views them as good employees, said Nelson Lichtenstein, a labor historian at the University of California, Santa Barbara, and the author of the book “The Retail Revolution: How Wal-Mart Created a Brave New World of Business.”

About 100,000 of the company’s 1.4 million employees in the United States are veterans, company officials said.

“They like military people because they have a sense of hierarchy and a commitment to the organization they are in,” said Professor Lichtenstein, who has been a critic of Wal-Mart’s management practices. “And that’s important to Wal-Mart.” In recent years, Wal-Mart has been the target of lawsuits by women, accusing the company of discrimination in salaries and promotions.

Gary Profit, a retired Army brigadier general who is senior director of military programs at Wal-Mart, said the company might not be able to guarantee that every veteran who wants a full-time job will be able to get one. But he said that because of the size of Wal-Mart’s retail operation and supply chain, it is almost certain that the company could find a job — even a part-time one — close to any veteran who wanted one.

“If you’re a veteran and you want a job in the retail industry, you have a place at Wal-Mart,” he said."

Summing Up

Good for Wal-Mart.

Now if the government will do such common sense things as stopping to make it so difficult for the private sector to develop our domestic energy and for companies to invest in job creating growth initiatives by truly reforming the tax code and leaving business in the hands of capable MOM oriented non-government leaders, more individuals and companies will make the investments that will provide lots of new jobs and much needed economic growth, too.

And it won't cost us taxpayers one single dime for them to do it.

Thanks. Bob.