Mar 9, 2012 - Programs aimed at helping Iraq and Afghanistan veterans find jobs may be paying off, as the federal government reported a dramatic drop in the February unemployment rate for people who separated from the service since 2001.While the nation’s overall unemployment rate remained static at 8.3 percent, the jobless rate for Iraq- and Afghanistan-era veterans fell in February to 7.6 percent, down from 9.1 percent in January and 12.5 percent in February 2011.
The drop is so fast and so dramatic that it could be a statistical anomaly because veterans make up such a small part of the Bureau of Labor Statistics’ monthly employment survey.
One reason to suspect a statistical blip is that the unemployment rate for female veterans separated from the service since 2011 has been in the double digits for several months, more than twice the jobless rate for men of the same generation. In the February report, the jobless rate for recent female veterans fell from 17.3 percent in January to 7.4 percent in February, putting the women’s rate slightly below the rate for men. read more>>>
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