Seven New York City taxi garage owners have teamed up to help veterans find jobs driving the city's iconic yellow cabs.

Bryan Llenas reported on "America's News Headquarters" today about Vets Drive Yellow NYC, which began a little more than a month ago and has already promised jobs to 50 veterans.

Llenas said that U.S. Army veteran Peter Lloyd, who served two tours in Iraq, is training to be a cab driver, which is usually a two to three month process. Lloyd, however, is set to get his license in just two to three weeks, thanks to the program.

 "The military has prepared me well for this job by teaching me efficiency, competence, being able to understand and follow instructions well and being able to adapt to any unusual situation," Lloyd said. "They're paving the way, not just for me, but hopefully for many other businesses and many other veterans." 

Llenas noted that the unemployment rate for veterans is 7.9 percent, higher than the national average, and this program aims to help change that.

Garage manager Ralph Diaz said, "It makes me proud because we can definitely give something back to them, people that have done so much for us, for this country. Definitely, I would like to help them out as much as I can."

Llenas said that New York City taxi drivers can earn $1,500 or more per week.

He added that the Vets Drive Yellow NYC program is now hoping to expand to other cities.

Watch the clip above.