To direct the Secretary of Veterans Affairs to contract for a report on employment placement, retention, and advancement of recently separated servicemembers.

Directs the Secretary of Veterans Affairs to contract with a qualified entity to study and report on the employment histories of recently separated servicemembers, including whether: (1) the employment obtained is commensurate with their training and education; and (2) such servicemembers received educational assistance or training and rehabilitation under programs administered by the Secretary. Requires the report to contain specific recommendations to improve such employment opportunities.