The media, and obstructionist government representatives, keep using the words that the sequester hasn't hurt the economy as expected. Frankly yes it has, not only those getting sacked, especially in government but also the private sector that supports, because of but also those getting furloughs thus less take home pay which ripples into the communities. But it's also slowed the expansion of economic growth as the government has either delayed or taken off the books up coming much needed projects especially related to construction and maintenance upgrades etc., thus hurting the manufacturing sector, that didn't grow and fell in hiring, and especially in the still very stagnant growth in construction, government and non government projects! There is also many other area's it's causing slow or stagnant growth, just what the obstructors and their supporters want!
Jul. 5, 2013 - The national unemployment rate remained unchanged in June, but veterans of the post-9/11 era saw a continued decline in their jobless rate, which fell to 7.2 percent, the Bureau of Labor Statistics reported Friday.
The jobless rate for Iraq- and Afghanistan-era veterans has fallen for the fifth straight month. In January, the rate for post-9/11 veterans was 11.7 percent. By May, it had dropped to 7.3 percent.
Overall, veterans continue to be employed at higher rates than the genral population. The jobless rate for veterans of all ages was 6.3 percent in June while the national unemployment rate remained at 7.6 percent for the third month in a row.
In May, the unemployment rate for veterans of all eras was 6.6 percent. read more>>>
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