Veterans Unemployment Rate Drops Again

Photo courtesy of themilitarywallet.com

The corporate focus on providing jobs to veterans seems to making an impact. Labor statistics released Friday show that unemployment among veterans dropped for a sixth month in a row.

The jobless rate among veterans of all generations stands at 6.9 percent, down from 8.6 percent a year ago.

Among veterans who served after 9-11, unemployement is still above the national rate of 8.3 percent. The Post 9-11 veterans unemployment rate is 8.9 percent but that’s down from 12.4 percent in July 2011.

There is concern to keep the trend going. Some advocates are calling on the federal government to extend tax credits for companies that hire veterans. Those tax credits are due to run out at the end of 2012.

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2 Responses

  1. A stressing situation, more stressing, on several point, that war, for veterans that need job.we are not remembering the phrase serve who have us. The society must remembe the sacrifices made b y them and done garancy of jobs. claudio alpaca

  2. Reblogged this on veterans news 3.0.

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