The downside of a booming U.S. job market: It can hurt the U.S. Army’s recruitment efforts.
The Army said last week that it will not meet its goal of recruiting 80,000 active-duty soldiers this year and has officially lowered that goal to 76,500.
So far this year the U.S. military branch has brought in just 28,000 new soldiers, Army Sgt. Maj. Daniel Dailey said Friday.
Yet retaining current soldiers has been more successful this year than in the past, with 86 percent staying on, he said, compared with 81 percent in previous years.
The struggle to meet this year’s higher recruiting numbers was partially attributed to the favorable U.S. economy and increased competition from private-sector employers, military officials said.
Earlier this month, the Congressional Budget Office said in a report that the Tax Cuts and Jobs Act of 2017, which President Donald Trump signed in December, will likely spark stronger economic growth than previously estimated. – READ MORE[give_form id=”79809″] [contentcards url=”http://www.foxnews.com/us/2018/04/22/strong-us-economy-hurting-army-recruitment-military-officials-say.html” target=”_blank”]