Military Layoffs: Uncle Sam May No Longer Want You - CBS News 8 - San Diego, CA News Station - KFMB Channel 8

Military Layoffs: Uncle Sam May No Longer Want You

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With the economy the way it is right now, some military personnel would rather re-enlist than face a dismal job market. But for some, re-enlisting may not be an option.

Because of the struggling U.S. economy, it appears more military personnel are doing whatever they can to stay enlisted and avoid a tough job market, even as Uncle Sam tries to thin his ranks.

"We are seeing an... 11-year low, an attrition or losses, and we're seeing a very high retention compared to just last year as a result of the economy," Rear Admiral Dan Holloway said.

Rear Admiral Holloway says the Navy is not using an ax, but rather a scalpel to shape its future with a Force Stabilization Policy. The Navy says they want to become a so-called Top 50 employer, and will strive to retain the best Sailors and will maintain a balanced force in terms of seniority, skills and experience.

"We're a world class Navy with a world class benefits package and we demand world class performance," RADM Holloway said.

The policy will also focus on performance, with the Navy providing performance-based opportunities. The Navy says it will continue to attract and recruit our nation's best and brightest candidates, and they will promote stability and predictability in their manning policies.

"The Navy is built to last, and we are going to guide with these principles through this period and be in the center of the channel whether the economy improves quickly or whether there's a slow recovery," RADM Holloway said.

The admiral also says that despite the downturn in the economy, there are still plenty of openings for people seeking military service, especially in the Navy's realm.

"We're on track right now at an all-time high for high school graduates in upper-middle category group for entry into the Navy, and we're very happy with that," he said.

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