Veteran Unemployment Rates Finally Dipping Below National Average
A new analysis from Lauren Bailey at the Department of Veterans Affairs breaks down the falling unemployment rates for all veterans across the nation.
The unemployment rate for all Veterans was 7.0 percent—still below the national average of 7.8 percent. For post-9/11 veterans, the rate was 10.8 percent. Most importantly, the annual jobless rate for post-9/11 Vets was 9.9 percent in 2012; a significant drop from the annual average in 2011 of 12.1
Unemployment for post-9/11 veterans remains stubbornly high at 9.9 percent. And in the National Guard, cycles of deployment leave many soldiers and airmen without jobs when they return home. Some estimate that unemployment rates among Guardsmen reach 20 percent.
Many programs exist at local and state levels to help veterans find employment. A federal solution, however, has been piecemeal. The Obama administration has offered various initiatives over the last year to combat veteran unemployment. No comprehensive bill has been passed in Congress to address the veterans unemployment rate.
Andrew Waldman is a staff writer and blog editor for NGAUS. Reach him at 202-408-5892 or by email at email@example.com.