While many Americans are still struggling to recover from the Great Recession, the good news is that the nation’s unemployment rate is now at its lowest point in eight years. But there’s even better news. Thanks to the strenuous efforts of veterans’ activists and business leaders, those who served our nation are beginning to share in the economic recovery. Unemployment among these veterans is now lower than at any time since the U.S. Labor Department began tracking it in 2008.
The annual unemployment rate among post-9/11 veterans ballooned from 7.5 percent that year to 12.0 percent in 2011. Although the unemployment rate for nonveterans also climbed, the rate for our veterans rose higher and faster. Unemployment among post-9/11 veterans declined each year through 2015, but failed to catch up with nonveterans.
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