Bentonville, Ark. As part of its ongoing support of our nation's military and veterans, Walmart and the Walmart Foundation will launch a five-year, $10 million commitment to the veteran community, with a special emphasis on supporting job readiness and training of returning servicemen and servicewomen.
The funding will allow Walmart and its foundation to further support nonprofits that assist veterans in their pursuit of higher education and enable them to more easily reintegrate into civilian life.
According to the U.S. Department of Labor, more than 250,000 veterans were unemployed as of March 2010. As one of the nation's largest private employers of veterans, Walmart made this $10 million commitment to address the alarming unemployment situation facing our veterans and create even more job opportunities for those who so bravely protected our country.