Study shows U.S. veterans earn more money in the workplace than non-veterans

by Cristine Boyd, University of Akron

Credit: CC0 Public Domain

Military veterans are faring better in the workplace than their non-veteran counterparts. In fact, between 2005 and 2015, veterans' average hourly wages were nearly $5 higher—at almost $26 an hour—compared to $21 an hour for non-veterans. Those findings, and more, by faculty economists Dr. Francesco Renna and Dr. Amanda Weinstein, at The University of Akron are discussed in their paper, "The veteran wage differential." They explains that the wage differential is driven by observable factors such as education, occupation and industry, but also by location choice—a factor that has been previously overlooked in the literature.

https://phys.org/news/2019-07-veterans-money-workplace-non-veterans.html?fbclid=IwAR3CJSMeAicY8Jc95tJ7J9lGuIBJCcKjaWcL0lvlbW5t4asqkDqSB2M02P4