Tuesday, March 22, 2016

JOBS | Veterans' Unemployment Fell in 2015

Young veterans have an easier time getting a civilian
 job than older ones.
March 22, 2016–The BLS announced this morning that the unemployment rate for Gulf War-era II veterans has fallen to 5.8 percent in 2015, a drop of 1.4 percentage points from 2014.

Gulf War-era II veterans are defined as those who served on active duty in the U.S. Armed Forces at any time since September 2001.

For all veterans, the unemployment rate also fell.

Differences by Gender, Age, State

The unemployment rate for all male veterans in 2015 fell to 4.5 percent, lower than the rate for female veterans of 5.4 percent, which changed little from 2014. This is in Table A of the report.

Younger veterans have an easier time getting a civilian job than older ones. Of 495,000 unemployed veterans in 2015,
  • 57 percent were age 45 and over,
  • 37 percent were age 25-44, and 
  • 5 percent were age 18-24. (See Table 2A.)
In 2015, the unemployment rate of veterans ranged from 1.9 percent of those resident in Iowa to 7.7 percent of those resident in the District of Columbia. The rate was 3.7 percent in New York State and 5.4 percent in New Jersey. (See Table 6A.)

Veterans with Disabilities

One-third of Gulf War-era II veterans reported having a service-connected disability in August 2015, compared with 20 percent of all veterans. Veterans with a service-connected disability had an unemployment rate of 5.4 percent in August 2015, not statistically different from veterans with no disability. (See Table 7.) More than 1 in 3 employed veterans with a service-connected disability worked in the public sector in August 2015, more than the 1 in 5 veterans with no disability. (See Table 8.)

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