Consolidating Veteran Employment Services for Improved Performance Act of 2012 - Transfers, as of October 1, 2013, to the Secretary of Veterans Affairs (VA) specified veterans-related programs of the Department of Labor, including: (1) job counseling, training, employment, and placement services; (2) administration of employment and reemployment rights of members of the reserves; and (3) homeless veterans reintegration programs. Directs the President, for FY2014 and thereafter, to include in the budget request funding for the VA for such functions.
Establishes a Deputy Under Secretary for Veterans' Employment and Training, to formulate all VA policies and procedures with respect to veterans' employment, unemployment, and training programs.
Consolidates provisions establishing VA disabled veterans' outreach program specialists and local veterans' employment representatives into a single provision establishing veteran employment specialists, which shall perform both tasks. Provides similar eligibility and reporting requirements for such specialists.