Fox Business Spotlights Veterans’ Financial Struggles During National Invest In Veterans Week®
As National Invest In Veterans Week® continues to amplify the contributions of veteran-owned businesses, Fox Business utilized the holiday to shine a light on the financial challenges facing our nation’s heroes. With 80% of veterans struggling to make ends meet and 1 in 6 experiencing food insecurity, their coverage was a sobering reminder of the urgent need to support veterans beyond their service.
As National Invest In Veterans Week® continues to amplify the contributions of veteran-owned businesses, Fox Business utilized the holiday to shine a light on the financial challenges facing our nation’s heroes. With 80% of veterans struggling to make ends meet and 1 in 6 experiencing food insecurity, their coverage was a sobering reminder of the urgent need to support veterans beyond their service.
A Closer Look at Veterans’ Financial Challenges
In an interview with Michael Linnington, CEO of the Wounded Warrior Project, Fox Business highlighted the key findings of the organization’s annual survey. Among the most alarming statistics:
82% of veterans cite inflation and rising costs as the primary cause of financial difficulties.
64% of veterans reported having trouble making ends meet in the past year.
1 in 6 veterans faces food insecurity, a startling reality for those who have dedicated their lives to serving our country.
Fox Business effectively tied these financial struggles to broader economic trends, like inflation rates quadrupling in recent years, underscoring the disproportionate impact on disabled and wounded veterans.
Transition Barriers: From Service to Civilian Life
The segment also delved into the systemic barriers veterans face when transitioning to civilian careers:
48% cite mental health and psychological distress as a top employment obstacle.
37% struggle to adapt military skills to civilian roles, a challenge that often leads to higher unemployment rates among veterans.
Linnington emphasized the Wounded Warrior Project’s commitment to removing these barriers, from addressing mental health to helping veterans secure stable housing and meaningful employment.
Empowering Veterans Through Action
Fox Business used its platform to highlight solutions that make a difference. Their coverage reinforced the importance of initiatives like:
Filing disability benefits to ensure veterans have a stable financial foundation.
Expanding no-cost programs to address mental health and career readiness.
Promoting employment in high-demand industries, such as aviation and aerospace, where veterans’ skills are invaluable.
A Call to Action
Fox Business’s coverage during National Invest In Veterans Week® served as a rallying cry for individuals and organizations to step up. By amplifying the financial realities veterans face, they emphasized the critical need for collective action to empower those who’ve already given so much.
Read the full story here: Fox Business Article
Together, we can ensure veterans not only overcome financial struggles but thrive as leaders in our communities and industries.
#Veterans #FoxBusiness #InvestInVeterans #SupportOurHeroes #Leadership
NATIONAL INVEST IN VETERANS WEEK STARTS TOMORROW Endorsed by Longtime Supporter Barbara Weltman
National Invest In Veterans Week® (March 1-7, 2024) honors the entrepreneurial achievements of veterans, providing valuable resources and global support. With the continued endorsement of Barbara Weltman, and led by co-founder Jeff Shuford, the initiative has expanded its digital infrastructure to include veteran-focused platforms across the U.S. and internationally, fostering a comprehensive support network for veteran-owned businesses.
National Invest In Veterans Week® (NIVW) is set to begin tomorrow, March 1-7, 2024, in recognition of the contributions made by military veterans who have transitioned into the business world. With over 1.9 million veteran-owned businesses across the U.S., as reported by the SBA’s Office of Advocacy, NIVW continues its mission to empower, promote, and advocate for veteran entrepreneurs. Longtime supporter Barbara Weltman continues to endorse NIVW’s efforts, helping expand the impact of this congressionally honored initiative.
NIVW is proud to showcase the global expansion of its digital infrastructure, now providing veteran-focused resources through a comprehensive network of domains. This expansion includes platforms that serve veterans locally in the U.S. and across the globe, allowing veteran-owned businesses to connect and thrive in their respective regions.
Drayton Florence, former NFL player and co-founder of NIVW, emphasized the importance of these initiatives:
“Veterans possess leadership, discipline, and resilience—all qualities that make them successful in business. National Invest In Veterans Week is about giving them the recognition, support, and tools they need to excel in the civilian world.”
Jeff Shuford, founder of NIVW and nationally syndicated columnist, highlighted the importance of veteran-owned businesses to the global economy:
“Our veterans have served our nation with courage and dedication. Now, through our digital platforms and resources, we are serving them by providing the tools they need to thrive in the entrepreneurial world.”
Shuford draws inspiration from his Grammy Hall of Fame grandfather, Jim Freeman of The Five Satins, who was entered into the Congressional Record for his musical achievements. Shuford shared,
“My grandfather’s journey taught me the value of resilience and perseverance. It’s that same spirit of determination that I see in veteran entrepreneurs today, and I’m proud to build platforms that support them.”
Comprehensive List of Veteran-Focused Domains
NIVW’s expansion across 40 regions is a monumental step toward providing veterans with localized support and resources. Below is a list of the newly launched domains:
United States Veterans Domains:
FloridaVeterans.com
KansasVeterans.com
NewHampshireVeterans.com
RhodeIslandVeterans.com
MarylandVeterans.com
LouisianaVeterans.com
PennsylvaniaVeterans.com
SouthCarolinaVeterans.com
MississippiVeterans.com
WyomingVeterans.com
NorthDakotaVeterans.com
NewJerseyVeterans.com
TennesseeVeterans.com
WestVirginiaVeterans.com
IowaVeterans.com
DistrictOfColumbiaVeterans.com
OklahomaVeterans.com
DelawareVeterans.com
PuertoRicoVeterans.com
International Veterans Domains:
PolandVeterans.com
TurkeyVeterans.com
SpainVeterans.com
GermanyVeterans.com
NorwayVeterans.com
AustraliaVeterans.com
SouthKoreaVeterans.com
JapanVeterans.com
FranceVeterans.com
UnitedKingdomVeterans.com
ItalyVeterans.com
NatoVeterans.com
UnitedNationsVeterans.com
Veterans.International
SwedenVeterans.com
ColombiaVeterans.com
NetherlandsVeterans.com
PortugalVeterans.com
BrazilVeterans.com
IcelandVeterans.com
BelgiumVeterans.com
About National Invest In Veterans Week®
Co-founded by Jeff Shuford, National Invest In Veterans Week® is one of the most prestigious initiatives dedicated to supporting veterans. Recognized by Congress, NIVW’s mission is to amplify veteran voices, promote veteran-owned businesses, and advocate for policies that facilitate a smooth transition from military to civilian life. With its expansive digital platforms and resources, NIVW continues to lead the way in providing veterans with the support they need to succeed.
For more information on National Invest In Veterans Week®, visit any of the domains above or follow the conversation on social media with #InvestInVeterans.
Media Contact:
Chynelle Washington
Press Office
Email: info@investinveteransweek.com
Phone: (301) 453-2801
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Reiss-Davis Graduate School
“Reiss-Davis Graduate School recognizes National Invest in Veterans Week (March 1-7, 2023). We asked noted veterans advocate and editor-in-chief of the Journal of Veterans Studies, Mariana Grohowski, PhD, to share her thoughts on advancing the cause of veterans and their families.”
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Military Family Research Institute
“The first week of March is National Invest in #Veterans Week, designed to support the efforts of veterans building lives for themselves and their families through their work and businesses.”
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EnergyUnited
“Today marks the final day of Invest In Veterans Week, and we want to take a moment to recognize the important work being done by Purple Heart Homes. Founded in 2008, Purple Heart Homes is a non-profit organization that works to provide housing solutions to veterans and their families who are in need.”
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Cintas Corporation
“It's National Invest in Veterans Week! At Cintas we are proud to be a Top Veteran-Friendly Company and are committed to recruiting military talent. For all the sacrifices they have made, we are dedicated to providing opportunities for Veterans to succeed.”
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Gary/Chicago International Airport
“Happy #NationalInvestInVeteransWeek! Back in November, GYY received the prestigious HIRE Vets Medallion Award, an honor bestowed by the @USDOL for our efforts to create jobs that recruit, employ and retain veterans’ who have served our country!”
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Armed Forces Vacation Club
"#DidYouKnow it's National Invest In Veterans Week? National Invest In Veterans Week is observed every year from March 1 through March 7. This is a week where we support and honor aspiring and established veteran business owners!”
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Columbia Gas of Ohio
“We're proud to support our veterans, and especially those on our team! #InvestinVeteransWeek is a good reminder to invest in veterans after all they've invested in our country.”
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National Academy of Sciences
“#DYK It’s #NationalInvestinVeteransWeek! In this touching #TheScienceBehindIt video, meet Ray, Casey, and Raymond as they share their coming home stories and talk about the challenges facing millions of veterans.”
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Waubonsee Community College
“#Waubonsee is proud to serve those students who have served our country, and we'll do everything we can to streamline the process, start you on the right foot, and support your endeavors every step of the way. #NationalInvestInVeteransWeek”
