Veterans jobless rate falls to seven-year low in November

Another month, another record low for veterans unemployment.

soldiers_veterans_jobs

By Leo Shane III

The overall veterans jobless rate fell to a seven-year low in November and the rate for veterans from the Iraq and Afghanistan war era dropped below last month’s record low mark, according to data released by the Bureau of Labor Statistics on Friday.

The news continues a positive trend in veterans employment, one that has seen even younger veterans finding jobs at a quicker pace than their civilian peers. In fall of 2014, the unemployment rate for that group was significantly higher than national jobless rates but has been below the U.S. average for three consecutive months now.

Overall veterans unemployment has been consistently below national rates for nearly six years. The 3.6 percent rate BLS found in November is the lowest monthly mark since October 2007, and reflects about 390,000 veterans unable to find work last month.

The rate for the youngest veterans was 4.2 percent, the lowest since BLS began tracking those numbers in 2008.

“Read the Full Article at www.militarytimes.com >>>>”

It's only fair to share...Share on FacebookShare on Google+Tweet about this on TwitterShare on LinkedInShare on RedditShare on TumblrEmail this to someone

Related Posts


Comments Closed

All content herein is owned by author exclusively. Expressed opinions are not necessarily the views of VT Jobs, VT Jobs, authors, affiliates, advertisers, sponsors, partners, technicians or Veterans Today Network and its assigns. In addition, all images within this post are the full responsibility of the author and NOT Veterans Today Network. Notices

Posted by on 12:43 pm, With 0 Reads, Filed under General News. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.

 

 

You must be logged in to post a comment Login


TOP 50 READ ARTICLES THIS MONTH
From Veterans Today Network