While the nation’s unemployment rate declines, the jobless trend for America’s youngest veterans is climbing, jumping to 6.3 percent in January from 4.4 percent in September.
“We still see around half a million veterans that are unemployed right now, and over a million veterans that are underemployed,” said Brian Stann, CEO of Hire Heroes USA. Economist note that the jobless rate for post-9/11 vets is volatile, and the small sample size leaves it open to inaccuracy.
But even looking at the trend over a three-month period, the scenario looks tough for young vets. One reason, according to Stann: “They get out of the military and they’re competing against their peer group that just graduated college.
Read the Full Article at www.cnbc.com >>>>