A Joint Economic Committee report released May 31 shows the unemployment rate is higher among post-9/11 veterans than the civilian population. The report also says that it’s higher in occupations most affected by the recession.
Among all veterans, those who served on active duty since September 2001 (Post-9/11 veterans ) have the highest unemployment rate. In 2010, the unemployment rate for these veterans averaged 11.5 percent, compared to the overall veteran-unemployment rate of 8.7 percent, and 9.4 percent unemployment rate for nonveterans.
Job gains in recent months have brought down the national unemployment rate, which is now 0.8 percentage point below last year’s level. New data from the Bureau of Labor Statistics put the unemployment rate of Post-9/11 veterans at 10.9 percent in April, 2.2 percentage points lower than it was one year ago. In comparison, the unemployment rate is now 7.7 percent for the entire population of veterans and 8.5 percent for nonveterans.
How are veterans faring in your market?
What are businesses doing to hire veterans in your area?
Which business are having a tough finding qualified veterans?
What is the local unemployment office doing to get veterans into jobs?