I think it really depends on what field you were in the military and what field you are looking to go into. If you were infantry it will not really translate if you want to go become a chef. However, leadership skills will look great. The education comes into play and the military leadership and diversity will help give you a boost. Though, unfortunately sometimes the military experience will count against you as well.
I agree with your question. I have a degree and it seems almost impossible for me to find a good paying job. They want experience and the 3 deployments every 5 years has made it very hard to build up experience that counts for anything being offered. I am feeling completely unqualified for the simplest of jobs.
Andrew, a combination of military experience and education is what is needed, and as, Brian mentioned, it depends on the occupation you intend to pursue.
Education can be a high school diploma or it can be an MBA or anything in between. Regarding education, the point is that you need to demonstrate a capacity to learn and expand your perspectives. Regarding military experience, employers will realize you've been put in leadership and management positions, you held a steady job under less than ideal circumstances, and you understand the discipline that goes with maintaining employment.
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