JOIN TEAM VT | SIGN UP DAILY NEWSLETTER
VETERANS TODAY ON : FACEBOOK | TWITTER | VT FORUM
|

Post-9/11 Veteran Unemployment Rate Still Falling; At 8.9 Percent in July

by Brandon Friedman

 

On Friday, the Bureau of Labor Statistics released Veteran unemployment data for the month of July. While the unemployment rate for all Veterans fell to 6.9 percent, the unemployment rate for Iraq and Afghanistan-era Veterans (or Gulf War II-era Veterans) fell more than half a percentage point to 8.9 percent. The steadier 12-month moving average also fell to 10.4 percent—the lowest figure we’ve seen since 2009.

While much remains to be done, since November 2011, post-9/11 Veterans have experienced the lowest unemployment rate in any combined eight-month period since 2008—with the rate reaching single digits in five of those months. Additionally, the trend over the past 31 months—since January 2010—remains downward for America’s most recent Veterans.

Month-to-month unemployment rate figures for this demographic are fairly volatile, but the long-term trend has shown a consistent decline over more than two and a half years—a strong sign of recovery following the worst economic recession since The Great Depression.

Click to Read the Full Article at VA Blog >>>

Bookmark and Share

Short URL: http://www.veteranstoday.com/?p=218601

The views expressed herein are the views of the author exclusively and not necessarily the views of VT or any other VT authors, affiliates, advertisers, sponsors, partners and technicians. Legal Notice

Posted by on Aug 6 2012, With 0 Reads, Filed under Vet News, Veterans Affairs. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.

COMMENTS

To post, we ask that you login using Facebook, Yahoo, AOL, or Hotmail in the box below.
Don't have a social network account? Register and Login direct with VT and post.
Before you post, read our Comment Policy - Feedback

Comments Closed

Comments are closed

 

Email Newsletter icon, E-mail Newsletter icon, Email List icon, E-mail List icon Join Our Daily Newsletter
  View Newsletter ARCHIVE

WHAT'S HOT

  1. Iran and the Israeli-Americano Imperium: The Vienna Negotiations on Nuclear Power
  2. Murderers attend Maidan killings ceremony…Oh the gall!
  3. US aid worker beheading video a set-up?
  4. At-risk veterans need help on suicide, senators say
  5. VetLikeMe Weekly 11/20/2014
  6. NEO – US-Armed Syrian Opposition “Surrenders” to Al Qaeda?
  7. All Wars are Bankers’ Wars
  8. Part 1. The Battle of the Bulge and the Malmedy Massacre
  9. GOP Immigration Con: “Sweatshop America”
  10. Murder in Jerusalem
  11. Dr. Ismail Salami – UN resolution on Iran mockery of justice
  12. Kiev Plans Full-Scale War
  13. Minor Anomaly Threatens
  14. MKO, Driving Force Behind Anti-Iran UN Resolution
  15. Pilger and Assange, Theatre of the Absurd (redux)
  16. NEO – US-backed Regime Change in Georgia
  17. What passes for Justice in New York today: The case of Sean Dix
  18. Kerry tells Lavrov to ignore Obama’s Russian threat comment
  19. M.A.S.H. helps homeless veterans find housing
  20. US lied about 9/11 attacks to justify waging wars: Analyst
  1. captain obvious: the whole mercenary terrorists posing as "rebels" backed by Turkey, izrahell, sauds, District of Criminals etc is absolutely disgusting, I do hope karma is served for it all and soon. ...
  2. John Kirby: The US mainstream media are dominated and owned by Jews, and nobody dares say it. Orwell saw it coming.
  3. moneytalks: The divide and conquer tactic is being employed by the ruling ziojews in many different regions , on many different levels and at diffrent times . Any US professor ...
  4. Preston James, Ph.D: They were not listed by priority.
  5. Simpsons Donkey: Yeah, well, you're just like Tarpley, Wayne Madsen, and plenty others, who think my cobber Assange is a fake, but no-one EVER presents any evidence. Julie is a PUBLISHER. All publishers ...

Veterans Today Poll

For over 60 years, US Taxpayers have been funding Israel, Palestine and Middle East. Are you happy with return on investment or would you prefer those monies be invested at home instead?

View Results

Loading ... Loading ...

Archives