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Photo: Frederic J. Brown/AFP via Getty Images

Retired service members are overall having better luck finding jobs, but they are still likely to be underemployed in several of the cities with the largest veteran populations, LinkedIn data shows.

The big picture: Sarah Roberts, head of military and veteran programs at LinkedIn, says underemployment is "when a person is engaged in work that does not make full use of their skills and abilities." Corporate responsibility programs and hiring incentives have largely driven down veteran unemployment rates, but underemployment remains rampant.

  • Veterans are consistently taking jobs below their pay grade, with one-third of veterans with college degrees working in jobs that don't require their full education.
  • Veterans are also 70% more likely to have to take a step back in seniority to get a job, and are 36% less likely to move up in a new role.

Hiring rates differ significantly in the 10 cities with the largest populations of veterans.

  • In Washington, D.C., Dallas, Los Angeles, Seattle, Houston and San Diego, veterans are more likely to be hired for jobs they apply for.
  • But in New York City, Atlanta, Chicago and San Francisco, they are less likely to be hired for jobs they apply for.
    • And when rejection letters start rolling in, veterans are more likely to turn to roles that would otherwise be beneath their skillsets.

Between the lines: Some social and economic factors influence the disparities.

  • Veterans, like most citizens, make use of their network to find employment. Veteran networks in some cities are simply stronger than others.
  • Veterans also tend to gravitate towards certain industries that allow easier transitions for their skillsets, such as operations or consulting. If a city does not have a wide array of opportunities in those industries, veterans may be left to turn to roles that do not maximize their potential.

The bottom line: Roberts says employers can combat this issue by rethinking how veterans fit into a company.

  • "Shift your focus. Think more holistically about 'what does workforce development look like," she said.

Go deeper:

Go deeper

Scoop: Leaked Ukraine memo reveals scope of Russia's aggression

Russian President Vladimir Putin visits a military exposition in Sevastopol, Crimea, in Jan. 2020. Photo: Mikhail Svetlov/Getty Images

Russia has been holding last-minute military exercises near commercial shipping lanes in the Black Sea that threaten to strangle Ukraine's economy, according to an internal document from Ukraine's ministry of defense reviewed by Axios.

Why it matters: With the eyes of the world on the massive buildup of troops in eastern Ukraine, the leaked memo shows Russian forces escalating their presence on all sides of the Ukrainian border.

Read: Former Vice President Walter Mondale's last message

Photo courtesy of Mondale.

Former Vice President Walter Mondale wrote a farewell letter to his staff, sent upon his death on Monday, thanking them for years working together.

Dear Team,

Well my time has come. I am eager to rejoin Joan and Eleanor. Before I Go I wanted to let you know how much you mean to me. Never has a public servant had a better group of people working at their side!

Together we have accomplished so much and I know you will keep up the good fight.

Joe in the White House certainly helps.

I always knew it would be okay if I arrived some place and was greeted by one of you!

My best to all of you!

Fritz

Former Vice President Walter Mondale dies at 93

Walter Mondale, left, with former President Jimmy Carter in Jan. 2018 at the McNamara Alumni Center on the University of Minnesota's campus in Minneapolis. Photo: Anthony Souffle/Star Tribune via Getty Images

Walter Mondale, who transformed the role of U.S. vice president while serving under Jimmy Carter and was the Democratic nominee for president in 1984, died Monday at 93, according to a family spokesperson.

The big picture: President Biden, who was mentored by Mondale through the years, said in 2015 that the former vice president gave him a "roadmap" to successfully take on the job.

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