The rosy analysis was prompted by the monthly jobs report, which showed the jobless rate for all veterans came down from 4.1% in February to 3.9% in March.
The results are "alarmingly low" and reveal "drastically less confidence" compared to one year ago, said the president of the group that ran the survey.
Before dismantling programs like Senior Service College fellowships, the Pentagon should carefully reconsider the full value they provide to the military.