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 Amazon.com 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 Sunday, Sept. 21, the 264th day of 2014. There are 101 days left in the year.

1864 -- 150 years ago: We hear that Col. Reynolds has employed C.D. Merrill to drill for water to supply the Rock Island Barracks.
1889 -- 125 years ago: Billy Catton, famous billard player, returned to Rock Island with a view to making this city his home in the future.
1914 -- 100 years ago: The belief is growing that a great decisive battle of the World War was being fought at Verdun, a strong fortress of France on the Meuse near the French frontier, according to a London dispatch.
1939 -- 75 years ago: William Stremmel, 91, Rock Island's last Civil War veteran, died.
1964 -- 50 years ago: Workmen of the Midwest Wrecking Co., Clinton, have begun razing the historic old office building of Deere & Co., 1325 3rd Ave., Moline. The site will be used by the Deere Plow Works for its shipping and receiving department.
1989 -- 25 years ago: East Moline developer Jim Massa says the financial package for the proposed $34.5 million Quad City International Motor Speedway is down to making sure "all the i's are dotted and t's are crossed. Finalizing this will give the green light to see if NASCAR and CART, the auto racing sanctioning bodies, approve race dates.

(More History)