Service members and job security

| January 13, 2017

The FY17 National Defense Authorization Act, which was signed into law last month, included “readiness stabilization funding.” This funding stops the military drawdown of troops and increases the end strength of the Army, Marine Corps and Air Force.

Throughout 2016, First Command Financial Services asked active duty service members and their spouses how they felt about their job security. Specifically, “How concerned are you about your job security in the coming months?” Those concerned about their job security averaged 47 percent from January through November. Of this group, an average of 23 percent said they were extremely or very concerned. The highest percentage of concern was in November, at 54 percent, with 34 percent indicating they were very or extremely concerned.

Will the passage of the FY17 NDAA allay these concerns? First Command will continue to ask the question throughout 2017 and I’ll be able to report the numbers monthly.

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