A blue-chip conglomerate announced at a recent conference that it plans to hire 5,000 veterans over the next five years, according to a statement released on February 13.
"American business can compete and win anywhere," General Electric Company chief executive Jeff Immelt said, Fox Business reports. "There are companies and communities all across the country that are leading the way. We know that renewing American manufacturing works; affordable healthcare works; high-skill training works; investing in people works; supporting customers works; accessing global markets works. We should have the confidence to act and to restore American competitiveness."
GE stated that its "Hiring Our Heroes" partnership will help veterans to find positions that are a good fit for their skills, according to The Associated Press. The conglomerate plans to collaborate with the U.S. Chamber of Commerce to sponsor more than 400 job fairs for veterans in 2012.
The company plans to boost its engineering unit by adding 5,000 internship positions specific to the field, The Los Angeles Times reports. The staffing plans coincide with the President’s Council on Jobs and Competitiveness initiative to graduate 10,000 more U.S. engineers every year, according to The Associated Press. GE currently sources four-fifths of its engineers from this pool of interns. More than 19,000 engineers work for the company at present, which makes it one of the nation's largest employers for the position.
The company plans to hire 400 people to work in aviation manufacturing, and plans to open three new plants in 2013, according to The Associated Press. The new facilities will be located in Ohio, Mississippi and Alabama. The plant expansion is all part of an initiative that the company is undergoing to create or upgrade 16 facilities and create more than 12,000 positions. During the week that ended February 10, a new production line began manufacturing at Appliance Park in Louisville, Kentucky, for the first time in 50 years.
More than 10,000 veterans currently work for GE, and around 100 U.S. employee reservists serve the company overseas, The Associated Press reports.
The blue-chip conglomerate has hired 9,000 people since 2009, according to Reuters. The job creation announcements happened after government data revealed that the United States created 243,000 jobs in January, which reduced the jobless rate to 8.3 percent.