Bernanke on military service and labor market outcomes →
“The evidence appears to be that there really is not an advantage,” Bernanke told a crowd at a Brookings Institution event in Washington. “If you go into the military at age 18 — versus an identical person who stays in the private sector and takes a private sector job — 10 years later, if you leave the military, your skills and wages are probably not going to be quite as high on average as a private sector person.”