Biz Bits: Opportunities for returning vets on the upswing

Posted Online: July 12, 2014, 1:30 pm
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Tip of the Week
Employment opportunities seem to be on the upswing for military veterans, which is encouraging for the thousands of service members returning from duty and veterans looking for civilian career opportunities.

The unemployment rate for veterans dropped to 6.6 percent in 2013, according to the Bureau of Labor Statistics. While the news is positive, a 2013 University of Phoenix survey conducted by Harris Poll, revealed that only 33 percent of active-duty service members reported having made a transition plan for returning to civilian life after separation from the military.

If service members don't know where to start, there are resources such as the U.S. Department of Labor's Transitional Assistance Program (TAP) to help veterans translate their skills and find quality jobs.

Service members who recently have returned home might be interested in pursuing careers at firms recognized for hiring veterans. The military has a Best Veteran Employers list as well as current job postings for those companies.
— Brandpoint

BBB Watch
Ads claiming to offer a prize for "completing a short survey" abound on the Internet. They seem normal at first, but often end up as scams. One recent example posed as an survey, asked where respondents shopped online, how often they visited the website and how much time they spend on the Internet each day.

Unfortunately, after answering all questions, the $50 gift card prize was "out of stock," and users were instructed to choose one of several dubious products. The survey was just an elaborate hoax to promote shady products, sometimes gathering personal information in the process.
— Better Business Bureau

The List
Companies with the lowest revenue per employee:
10. O'Reilly Automotive ($107,400)
9. Marriott International ($103,900)
8. Amphenol ($103,700)
7. Jabil Circuit ($103,600)
6. Starbucks ($81,800)
5. Chipotle Mexican Grill ($70,900)
4. McDonald's ($63,900)
3. Cognizant Technology Solutions ($51,600)
2. Yum! Brands ($42,600)
1. Starwood Hotels & Resorts ($33,700)
— 24/7 Wall St.

Number to Know
12: Number of years former Wall Street lawyer Matthew Kluger was sentenced to serve in prison for insider trading, the longest sentence ever handed down for that offense.

Tech Talk
The forthcoming iPhone 6 might feature battery life up to 15 percent longer than the current generation iPhone 5S, according to forum AppleInsider, citing a report published on a Chinese technology website.

One version of the new phone even might offer a larger battery, further boosting performance, but at the expense of slimness.

The battery upgrade still would leave iPhone behind some Android rivals in terms of battery life, an advantage touted by phone manufacturer Samsung in a newly released commercial that refers to iPhone users as "wall huggers," constantly in need of plug-in charging.


Local events heading

  Today is Tuesday, Oct. 21, the 294th day of 2014. There are 71 days left in the year.

1864 -- 150 years ago: The weather is discouraging for our great Democratic rally tomorrow, but never mind that. Let our Rock Island people show they can make a big procession themselves, rain or shine.
1889 -- 125 years ago: Apparatus arrived for drilling an artesian well on the premises of George Warner's Atlantic Brewery.
1914 -- 100 years ago: The German army continued its attacks on the allies line near the Belgian coast.
1939 -- 75 years ago: The farm home of Mr. and Mrs. Gus Zachert northwest of Buffalo Prairie, burned to the ground.
1964 -- 50 years ago: WVIK-FM, noncommercial educational radio station at Augustana College, will return to the air tomorrow. The station operates at a power of 10 watts at 90.9 megacycles on the frequency modulation band. The station is operated with a staff of 92 students.
1989 -- 25 years ago: An avenue of lights, 13 Christmas trees strung with more than 44,000 sparkling lights, will expand the Festival of Trees beyond the walls of RiverCenter in downtown Davenport in mid-November.

(More History)