New Veteran Unemployment Falls in June
STARS AND STRIPES
WASHINGTON -- The unemployment rate for veterans of the post-Sept. 11 era dropped to 9.5 percent in June, potentially indicating a positive trend in veterans hiring even as national employment remains stagnant.
The June young veteran unemployment figures from the Bureau of Labor Statistics mark the fourth month this year that the rate has dipped below 10 percent. From January 2010 to December 2011, it dropped below 10 percent only twice. Last month, the rate was 12.7 percent, and a year ago, more than 13 percent of those veterans were out of work.
The White House and Congress in recent months have pushed government agencies and private companies to hire veterans, especially those who recently returned from fighting overseas. Legislation creating new jobs programs for veterans of all eras was one of the few significant pieces of legislation signed into law last year.
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