Advertisement

You will be redirected to the page you want to view in  seconds.

Veterans unemployment rate falls dramatically in April

May. 3, 2013 - 09:06AM   |  
  • Filed Under

The jobless rate for Post-9/11 veterans fell to 7.5 percent in April, a dramatic reduction that might be statistically invalid.

The Bureau of Labor Statistics reported Friday the unemployment rate for veterans of all generations dropped to 6.2 percent in April, also a significant improvement.

Overall, the employment situation report shows the economy grew 165,000 jobs in April. That was not enough to make a major change in the national unemployment rate, which was 7.5 percent in April, just 1/10of a percentage point less than in March.

For veterans, the overall jobless rate for March was 7.1 percent. For Post-9/11 veterans, the jobless rate in March was 9.2 percent, with big gender differences. It was 8.7 percent for men and 11.8 percent for women.

The April report shows an unexplainable improvement for Post-9/11 women. For men of the Iraq and Afghanistan generation, the April jobless rate was 7.6 percent while for women the jobless rate was 7.2 percent. These differences are likely the result of Post-9/11 veterans making up a small part of the Labor Department’s sample and of women veterans of the Post-9/11-era being even a smaller group of those surveyed.

Modest reductions in unemployment are a nation-wide trend, according to the Labor Department. Of 372 metropolitan areas, the unemployment rates have dropped in 306 in the last year, increased in 44 and are unchanged in 22, according to a May 1 Labor Department report.

There are still 44 metropolitan areas were the unemployment rate is 10 percent or higher, but one year ago there were 66 areas with jobless rates that high.

Answers by RallyPoint

Join trending discussions in the military's #1 professional community. See what members like yourself have to say from across the DoD.

More In Jobs for Veterans

Start your day with a roundup of top defense news.

VA Home Loan
Rates

Search By:

Product Options:
Zip Code:

Free Military Times Careers Newsletter

Stay up to date on current career and employment news.



This Week's Navy Times

This Week's Navy Times

Uniform overhaul
Warm-up suit, parka and lightweight NWUs are in the works

Subscribe for Print or Digital delivery today!

Classifieds
MilitaryTimes Green Trusted Classifieds Looking to buy, sell and connect on Military Times?
Browse expanded listings across hundreds of military installations.
Faces of valorHonoring those who fought and died in Operations Iraqi Freedom and Enduring Freedom.
hall of valorThe Hall of Valor is a searchable database of valor award citations collected by Doug Sterner, a Vietnam veteran and Military Times contributing editor, and by Military Times staff.
Woman who cried rape
(3 replies)
   Last Post: TJMAC77SP
        May 3, 2014 1:32 PM
   Last Post: garhkal
        May 1, 2014 5:03 PM
Cliven Bundy
(45 replies)
   Last Post: Chief_KO
        Apr 26, 2014 9:49 AM
Handbooks

All you need to know about your military benefits.

Benefits handbook

Guard & Reserve All you need to know about the Guard & Reserve.

guard and reserve handbook