Sources: U.S. Census Bureau’s Survey of Business Owners (SBO), 2007.
Veterans have a significant effect on the U.S. economy. Because of their leadership training and focus on mission, veterans are 45% more likely to be self-employed. According to the U.S. Small Business Administration, 1 out of every 10 veterans — or 2.4 million — runs their own business and veteran-owned businesses employ 5.8 million people across the country.
Source: U.S. Census Bureau’s Survey of Business Owners (SBO), 2007.
Author: Jared Morgan
Jared is the senior editor and web team lead for the Department of California and chair of its Media & Communications Commission. He became a member of the American Legion in 2014 when he joined Palisades Post 283 to find stories about veterans issues for a local newspaper while working as its news editor. He was soon brought in as 283's assistant adjutant and historian to help produce the post's award-winning community newspaper. Since then, Jared has used his media skills to help further the efforts of The American Legion in its advocacy of veterans and their families. Jared has also worked for several years to help revitalize the 100-year-old Santa Monica Post 123, formerly as its adjutant and as a member of its executive board, before transferring back to Post 283.
