100,000 New Jobs for Veterans and Military Families

First Lady Michelle Obama delivers remarks to business leaders, veterans and military spouses as part of her Joining Forces initiative, at the U.S. Chamber of Commerce’s 4th Annual “Business Steps Up: Hiring Our Heroes” event in Washington, D.C., Nov. 10, 2011. (Official White House Photo by Lawrence Jackson)

Today, First Lady Michelle Obama was at the U.S. Chamber of Commerce to talk about what private companies are doing to help military families. 

She announced that a range of businesses now plan to hire 100,000 veterans and military spouses by 2014. She said that the Veterans Jobs Bank -- launched on Monday -- now hosts more than 550,000 job postings from military-friendly employers.

She told the crowd at the Chamber:

This commitment of 100,000 jobs isn’t about making headlines. These wonderful programs don’t just provide a good opportunity for a press conference. All of these efforts are about upholding our sacred duty to our veterans and their families. 

Since Joining Forces got off the ground, 16,000 veterans and spouses have already found new positions.

Later today, the Senate is expected to vote on and approve a provision of the American Jobs Act -- which will offer business a $9,600 tax credit for hiring disabled veterans and create additional tax credits for employers who hire veterans who have spent four weeks or more out of work.