Encouraging signs for veterans’ unemployment trends


By SB Anderson

The unemployment rate for 9/11-era veterans dipped in February and the rate gap between those veterans and the civilian workforce closed to the lowest margin since mid-2012, new data from the Bureau of Labor Statistics show. Female veterans continue to be harder hit by joblessness than men.

Some 203,000 9/11-era veteras were unemployed in February — 49,000 fewer than January. Among women in the 9/11 cohort, the unemployment rate has averaged 11.8% compared to 10.4% for men. 

Overall, the 2012 unemployment rate for 9/11-era veterans has fallen significantly since 2011 — 9.9% for 2012 vs. 12.1% the year before. That was twice the drop as the non-veteran population (8.7% v. 7.9%).

Last month’s rate was higher than it was in February 2012 (7.6% then vs. 9.4% last month) but that may in part be because of a temporary one-month drop a year ago. 

Charts below are based on extracts of data from the Bureau of Labor Statistics.

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