Tweet
Unemployment among America’s military veterans reached an all-time low in 2018, according to data from the Bureau of Labor Statistics.
For the year, unemployment among post-9/11 vets fell below 4 percent, to 3.8 percent, for the first time, as first reported by the Military Times.
For veterans of all ages, the unemployment rate fell to 3.5 percent Opens a New Window. – the lowest level since 2000. That compares with 3.7 percent in 2017 – which was the lowest annual rate since 2001.
In December, the unemployment rate for veterans ages 18 and over was 3.2 percent Opens a New Window. , compared with 3.8 percent from the same period one year ago.
Additionally, homelessness among veterans decreased by 5.4 percent last year, the fact-finding agency reported.
The national unemployment rate for all workers was 3.9 percent in December – a slight rise from previous readings of 3.7 percent, which was the lowest rate in about 50 years.
In 2011, during the height of the financial crisis, unemployment among veterans spiked above 12 percent. In the years since, there have been a number of initiatives launched among companies and the federal government to promote hiring former military workers.
Source, full story:
https://www.foxbusiness.com/economy/...me-low-in-2018
For the year, unemployment among post-9/11 vets fell below 4 percent, to 3.8 percent, for the first time, as first reported by the Military Times.
For veterans of all ages, the unemployment rate fell to 3.5 percent Opens a New Window. – the lowest level since 2000. That compares with 3.7 percent in 2017 – which was the lowest annual rate since 2001.
In December, the unemployment rate for veterans ages 18 and over was 3.2 percent Opens a New Window. , compared with 3.8 percent from the same period one year ago.
Additionally, homelessness among veterans decreased by 5.4 percent last year, the fact-finding agency reported.
The national unemployment rate for all workers was 3.9 percent in December – a slight rise from previous readings of 3.7 percent, which was the lowest rate in about 50 years.
In 2011, during the height of the financial crisis, unemployment among veterans spiked above 12 percent. In the years since, there have been a number of initiatives launched among companies and the federal government to promote hiring former military workers.
Source, full story:
https://www.foxbusiness.com/economy/...me-low-in-2018
Comment