March 20, 2013 - The jobs picture for the nation's veterans improved significantly last year, particularly for those who have served since the Sept. 11 terrorist attacks, the Labor Department said Wednesday.The annual report from the Bureau of Labor Statics shows that the unemployment rate for the latest generation of veterans fell from 12.1 in 2011 to 9.9 percent last year. About a third of the people who make up that category of veterans served in Iraq or Afghanistan, or both.
The Labor Department report reinforces that, as a whole, veterans actually have an easier time finding work than nonveterans. The unemployment rate stood at 7 percent last year for all veterans, compared to 7.9 percent for nonveterans, according to the report.
However, the nation's youngest veterans are the exception to that longstanding trend. They continue to have a harder time finding work than their nonveteran peers, and nearly 1 in 5 was unemployed. read more>>>
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