As prominent veterans groups and the White House hailed Walmart's announcement Tuesday that it would hire 100,000 veterans over the next five years, economists and other management experts noted the move, while positive, is somewhat symbolic.
"Job turnover at Walmart is such that they ought to easily accommodate any vet looking for work," said Mike Hicks, a Ball State University economist who has studied Walmart's retail impact. "They probably won't see a huge uptick in vet applications, but it is smart from both a public relations and human capital perspectives."
Walmart does not plan to create any new jobs for newly returned veterans, but the retailer said in a release that military applicants “will receive priority applicant status for any open Walmart position posted externally and for which he/she meets the minimum qualifications." Older vets will not get the priority status, but Walmart said they will be "highly valued candidates." The jobs on offer include part-time store or club positions or assistant manager trainee positions.
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