Title:Report for 2012 Shows Significant Drop in Veterans' Unemployment
Date:March 2013
Source:The DOL Newsletter
The unemployment rate for Gulf War-era II veterans — those who served on active duty at any time after September 2001 — fell by 2.2 percentage points in 2012, according to a report from the Bureau of Labor Statistics released March 20. The jobless rate for all veterans fell from 8.3 percent in 2011 to 7 percent in 2012. "While this morning's report shows that we are moving in the right direction on reducing unemployment among America's veterans, much more needs to be done to ensure that no veteran struggles to find work after serving honorably to keep us safe and secure," acting Secretary of Labor Seth D. Harris said. The report is compiled annually by BLS to provide year-over-year data on veterans' employment, and includes a supplement to the August 2012 survey that expands the collected data to include information on topics such as service-connected disability and current or past Reserve of National Guard membership.
