American veteran soldiers returning from Iraq and Afghanistan wars are facing "terrible" job market as the unemployment rate is rising among them, Bob Chapman, founder of the International Forecaster said on Friday.
Some of the U.S. veterans live under "trees and bridges" and are deprived from medical services, Chapman told Press TV's U.S. Desk. "The American government is just dreadful in the treatment of veterans", he said.
Official reports say the unemployment rate last month was 9.4 percent while it is 15 percent among veterans. Chapman believes the real jobless rate exceeds 22 percent.
FACTS & FIGURES
According to statistics for 2010 provided by the U.S. Department of veterans Affairs, there are about 107,000 homeless veterans in the United States.
Researchers estimate that nearly 20 percent of the 1.6 million veterans of the wars in Iraq and Afghanistan suffer from post-traumatic stress disorder. (The Register-Guard)
Somewhere between 15 and 27 million people, depending on how you figure it, remain unemployed. (ABC)
The official jobless rate in the United States hovers around 10 percent. (Econpost)
When unemployment is measured according to the formula that was used when President Bill Clinton took office, it is actually around 20%. (Free Republic)
Half of all American workers now earn $505 or less per week. (Economic Collapse)
U.S. President Barack Obama decided in late 2009 to pour an extra 30,000 troops into Afghanistan, bringing the number to around 100,000. (Reuters)