| As Veteran Unemployment Falls, Morale Reaches New Heights Veteran morale is inching upward as the overall veteran unemployment rate continues to fall. From April to May of this year, the unemployment rate for veterans fell from 9.1 percent to 7.8 percent, a comparably significant drop in recent months. For veterans who have been discharged since 2001, unemployment rates continue to trail those of the national average. Many young veterans who have served during the Iraq and Afghanistan conflict have seen unemployment rates decrease from 13.1 percent in April to 10.6 percent in May. Although these numbers are drastically higher than they’ve been in the past, they are significantly lower than recent accounts. According to a recent report from the U.S. Labor Department, the national unemployment rate dropped .2 percent from April to May. This is partially due to 431,000 new jobs that were created in that time, although a large portion of those jobs were temporary census workers. In general, since last year, veterans’ and younger veterans’ unemployment rates have decreased, showing promise in months to come. Unemployment rates between men and women have generally remained about even, except for post-2001 veterans, whose numbers represent a wider difference. As of May, the unemployment rate for post-2001 male veterans was 9.8 percent while women suffered a 15.2 percent unemployment rate. For more information on unemployment and how our troops are affected, visit MilitaryConnection.com. We have thousands of pages to keep you current on important information such as unemployment rates for veterans. All of our resources free to users and we feature veteran articles to keep you informed on the most up-to-date topics you want to know about. We strive to connect able candidates from the military community with outstanding government and civilian employers. Candidates from the military community have a stand-out work ethic, making them highly valued employees. MilitaryConnection.com has a multitude of employment resources including a directory of over 30,000 employers, job tips, a virtual job fair, job board and more. We also understand the importance of education and strive to provide as much information as possible. Please check out our new scholarship directory featuring thousands of scholarships that are updated frequently. When the next tour is back home, it’s on MilitaryConnection.com. |