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Newsletter VETS Monthly Employment Overview

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Veteran Unemployment Rate 2.7 Percent in October

In October 2017, the veteran unemployment rate was 2.7 percent, down from 4.3 percent last October. In comparison, the non-veteran unemployment rate for October 2017 was 3.8 percent (not seasonally adjusted). Additionally, Gulf War II-era veterans (those who served after September 11, 2001) showed a rate of 3.6 percent for the month.


VETS Monthly Employment Overview

Below, please find the Veterans' Employment & Training Service's (VETS) monthly Veteran Employment Update, which is a review of data from the Bureau of Labor Statistics' monthly Economic News Release. The update includes unemployment information by veteran status, gender, and post-9/11 Era service, as well as state-by-state data and growth of industry sectors nationwide. Also included are graphs showing unemployment trends over the last 24 months.

A Cautionary Note on Sample Size and Non-Seasonally Adjusted Data

As we state in the document, some of these figures do not meet the Bureau of Labor Statistics' standards for publishing. This is due to the relatively small sample size of subpopulations of veterans, most notably female veterans and veterans ages 18-24. As a result of the small sample size, there is volatility in the monthly numbers. As opposed to generalizing monthly results to the overall population, BLS recommends reviewing employment trends over several months to gain a better understanding of the employment situation for veterans. Additionally, when working with not seasonally adjusted monthly data such as these, the Bureau of Labor Statistics recommends to not compare month-over-month, but instead to compare the same month across years.

If you have any questions, you may contact Luke Murren at murren.luke@dol.gov.

We hope you find this information helpful.

Read the full report.

 

Veteran Unemployment Rate 3.0 Percent in September

In September 2017, the veteran unemployment rate was 3.0 percent, down from 4.3 percent last September. In comparison, the non-veteran unemployment rate for September 2017 was 4.0 percent (not seasonally adjusted). Additionally, Gulf War II-era veterans (those who served after September 11, 2001) showed a rate of 3.9 percent for the month.


***SPECIAL NOTE REGARDING HURRICANES HARVEY AND IRMA***

Hurricanes Harvey and Irma played a significant role in displacing workers in Texas, Florida, and the Gulf Coast region. However, the Bureau of Labor Statistics (BLS) notes that unemployment statistics, such as those referenced above, were not affected by the inclement weather.

Further discussion of the impact of the recent hurricanes on the September estimates can be found in the BLS Commissioner's Statement on the Employment Situation, at www.bls.gov/news.release/jec.nr0.htm.

VETS Monthly Employment Overview – September 2017

Below, please find the Veterans' Employment & Training Service's (VETS) monthly Veteran Employment Update, which is a review of data from the Bureau of Labor Statistics' monthly Economic News Release. The update includes unemployment information by veteran status, gender, and post-9/11 Era service, as well as state-by-state data and growth of industry sectors nationwide. Also included are graphs showing unemployment trends over the last 24 months.

A Cautionary Note on Sample Size and Non-Seasonally Adjusted Data

As we state in the document, some of these figures do not meet the Bureau of Labor Statistics' standards for publishing. This is due to the relatively small sample size of subpopulations of veterans, most notably female veterans and veterans ages 18-24. As a result of the small sample size, there is volatility in the monthly numbers. As opposed to generalizing monthly results to the overall population, BLS recommends reviewing employment trends over several months to gain a better understanding of the employment situation for veterans. Additionally, when working with not seasonally adjusted monthly data such as these, the Bureau of Labor Statistics recommends to not compare month-over-month, but instead to compare the same month across years.

If you have any questions, you may contact Luke Murren at murren.luke@dol.gov.

We hope you find this information helpful.

Read the full report.

 

Veteran Unemployment Rate 3.7 Percent in August

In August 2017, the veteran unemployment rate was 3.7 percent, down from 4.3 percent last August. In comparison, the non-veteran unemployment rate for August 2017 was 4.4 percent (not seasonally adjusted). Additionally, Gulf War II-era veterans (those who served after September 11, 2001) showed a rate of 4.2 percent for the month.


VETS Monthly Employment Overview – August 2017

Below, please find the Veterans' Employment & Training Service's (VETS) monthly Veteran Employment Update, which is a review of data from the Bureau of Labor Statistics' monthly Economic News Release. The update includes unemployment information by veteran status, gender, and post-9/11 Era service, as well as state-by-state data and growth of industry sectors nationwide. Also included are graphs showing unemployment trends over the last 24 months.

A Cautionary Note on Sample Size and Non-Seasonally Adjusted Data

As we state in the document, some of these figures do not meet the Bureau of Labor Statistics' standards for publishing. This is due to the relatively small sample size of subpopulations of veterans, most notably female veterans and veterans ages 18-24. As a result of the small sample size, there is volatility in the monthly numbers. As opposed to generalizing monthly results to the overall population, BLS recommends reviewing employment trends over several months to gain a better understanding of the employment situation for veterans. Additionally, when working with not seasonally adjusted monthly data such as these, the Bureau of Labor Statistics recommends to not compare month-over-month, but instead to compare the same month across years.

If you have any questions, you may contact Luke Murren at murren.luke@dol.gov.

We hope you find this information helpful.

Read the full report.

 

Lowest July Veteran Unemployment Rate Since 2001

In July 2017, the veteran unemployment rate was 3.5 percent, down from 4.7 percent last July, and the lowest July rate since 2001 (not seasonally adjusted, 20 years and over). In comparison, the non-veteran unemployment rate for July 2017 was 4.2 percent. This 0.7 percentage point difference between the veteran and non-veteran rate is the largest July difference since 2012.


VETS Monthly Employment Overview – July 2017

Below, please find the Veterans' Employment & Training Service's (VETS) monthly Veteran Employment Update, which is a review of data from the Bureau of Labor Statistics' monthly Economic News Release. The update includes unemployment information by veteran status, gender, and post-9/11 Era service, as well as state-by-state data and growth of industry sectors nationwide. Also included are graphs showing unemployment trends over the last 24 months.

A Cautionary Note on Sample Size

As we state in the document, some of these figures do not meet the Bureau of Labor Statistics' standards for publishing. This is due to the relatively small sample size of subpopulations of veterans, most notably female veterans and veterans ages 18-24. As a result of the small sample size, there is volatility in the monthly numbers. As opposed to generalizing monthly results to the overall population, BLS recommends reviewing employment trends over several months to gain a better understanding of the employment situation for veterans.

If you have any questions, you may contact Luke Murren at murren.luke@dol.gov.

We hope you find this information helpful.

Read the full report.

 

Lowest June Veteran Unemployment Rate in 10 Years

In June 2017, the veteran unemployment rate was 3.7 percent, down from 4.2 percent last June, and the lowest June rate since 2007. In comparison, the non-veteran unemployment rate for June 2017 was 4.3 percent (not seasonally adjusted).


7/7 VETS Monthly Employment Overview – July 7, 2017

Below, please find the Veterans' Employment & Training Service's (VETS) monthly Veteran Employment Update, which is a review of data from the Bureau of Labor Statistics' monthly Economic News Release. The update includes unemployment information by veteran status, gender, and post-9/11 Era service, as well as state-by-state data and growth of industry sectors nationwide. Also included are graphs showing unemployment trends over the last 24 months.

A Cautionary Note on Sample Size

As we state in the document, some of these figures do not meet the Bureau of Labor Statistics' standards for publishing. This is due to the relatively small sample size of subpopulations of veterans, most notably female veterans and veterans ages 18-24. As a result of the small sample size, there is volatility in the monthly numbers. As opposed to generalizing monthly results to the overall population, BLS recommends reviewing employment trends over several months to gain a better understanding of the employment situation for veterans.

If you have any questions, you may contact Luke Murren at murren.luke@dol.gov.

We hope you find this information helpful.

Read the full report.

 

6/2 VETS Monthly Employment Overview – May 2017

Below, please find the Veterans' Employment & Training Service's (VETS) monthly Veteran Employment Update, which is a review of data from the Bureau of Labor Statistics' monthly Economic News Release. The update includes unemployment information by veteran status, gender, and post-9/11 Era service, as well as state-by-state data and growth of industry sectors nationwide. Also included are graphs showing unemployment trends over the last 24 months.

Veteran Unemployment Rate at 10-Year Low, 3.4 Percent in May

In May 2017, the veteran unemployment was 3.4 percent, the lowest in 10 years. In comparison, the non-veteran unemployment rate was 4.0 percent in May 2017 (not seasonally adjusted).

A Cautionary Note on Sample Size

As we state in the document, some of these figures do not meet the Bureau of Labor Statistics' standards for publishing. This is due to the relatively small sample size of subpopulations of veterans, most notably female veterans and veterans ages 18-24. As a result of the small sample size, there is volatility in the monthly numbers. As opposed to generalizing monthly results to the overall population, BLS recommends reviewing employment trends over several months to gain a better understanding of the employment situation for veterans.

If you have any questions, you may contact Luke Murren at murren.luke@dol.gov.

We hope you find this information helpful.

Read the full report.

 

5/5 VETS Monthly Employment Overview – April 2017

Below, please find the Veterans' Employment & Training Service's (VETS) monthly Veteran Employment Update, which is a review of data from the Bureau of Labor Statistics' monthly Economic News Release. The update includes unemployment information by veteran status, gender, and post-9/11 Era service, as well as state-by-state data and growth of industry sectors nationwide. Also included are graphs showing unemployment trends over the last 24 months.

Veterans’ Unemployment Rate Edges Down in April

In April 2017, the veteran unemployment rate declined slightly to 3.7 percent; this is down from 3.9 percent both one year ago and in March. In comparison, the non-veteran unemployment rate was 3.9 percent for April (not seasonally adjusted). It has been nearly 10 years since both the veteran and non-veteran unemployment has reached these levels.

A Cautionary Note on Sample Size

As we state in the document, some of these figures do not meet the Bureau of Labor Statistics' standards for publishing. This is due to the relatively small sample size of subpopulations of veterans, most notably female veterans and veterans ages 18-24. As a result of the small sample size, there is volatility in the monthly numbers. As opposed to generalizing monthly results to the overall population, BLS recommends reviewing employment trends over several months to gain a better understanding of the employment situation for veterans.

If you have any questions, you may contact Luke Murren at murren.luke@dol.gov.

We hope you find this information helpful.

Read the full report.

 

4/7 VETS Monthly Employment Overview – March 2017

Below, please find the Veterans' Employment & Training Service's (VETS) monthly Veteran Employment Update, which is a review of data from the Bureau of Labor Statistics' monthly Economic News Release. The update includes unemployment information by veteran status, gender, and post-9/11 Era service, as well as state-by-state data and growth of industry sectors nationwide. Also included are graphs showing unemployment trends over the last 24 months.

The Veteran Unemployment Rate Holds Steady in March

In March 2017, the veteran unemployment rate remained at 3.9 percent; this is down from 4.5 percent one year ago. In comparison, the non-veteran unemployment rate was 4.4 percent for the past month (not seasonally adjusted).

A Cautionary Note on Sample Size

As we state in the document, some of these figures do not meet the Bureau of Labor Statistics' standards for publishing. This is due to the relatively small sample size of subpopulations of veterans, most notably female veterans and veterans ages 18-24. As a result of the small sample size, there is volatility in the monthly numbers. As opposed to generalizing monthly results to the overall population, BLS recommends reviewing employment trends over several months to gain a better understanding of the employment situation for veterans.

If you have any questions, you may contact Luke Murren at murren.luke@dol.gov.

We hope you find this information helpful.

Read the full report.

 

3/10 VETS Monthly Employment Overview – February 2017

Below, please find the Veterans' Employment & Training Service's (VETS) monthly Veteran Employment Update, which is a review of data from the Bureau of Labor Statistics' monthly Economic News Release. The update includes unemployment information by veteran status, gender, and post-9/11 Era service, as well as state-by-state data and growth of industry sectors nationwide. Also included are graphs showing unemployment trends over the last 24 months.

The Veteran Unemployment Rate Continues Downward Trend in February

In February 2017, the veteran unemployment rate dropped to 3.9 percent, continuing a positive outlook for veteran unemployment. In comparison, the non-veteran unemployment rate was 4.9 percent for the month (both figures not seasonally adjusted).

A Cautionary Note on Sample Size

As we state in the document, some of these figures do not meet the Bureau of Labor Statistics' standards for publishing. This is due to the relatively small sample size of subpopulations of veterans, most notably female veterans and veterans ages 18-24. As a result of the small sample size, there is volatility in the monthly numbers. As opposed to generalizing monthly results to the overall population, BLS recommends reviewing employment trends over several months to gain a better understanding of the employment situation for veterans.

If you have any questions, you may contact Luke Murren at murren.luke@dol.gov.

We hope you find this information helpful.

Read the full report.

 

2/3 VETS Monthly Employment Overview – January 2017

Below, please find the Veterans' Employment & Training Service's (VETS) monthly Veteran Employment Update, which is a review of data from the Bureau of Labor Statistics' monthly Economic News Release. The update includes unemployment information by veteran status, gender, and post-9/11 Era service, as well as state-by-state data and growth of industry sectors nationwide. Also included are graphs showing unemployment trends over the last 24 months.

The Veteran Unemployment Rate Begins 2017 in Familiar Territory – Below the Non-veteran Rate

In January 2017, the veteran unemployment rate was 4.5 percent, compared to the non-veteran rate of 5.0 percent (not seasonally adjusted). Female veterans also had a strong showing in January with an unemployment rate of 3.8 percent.

A Cautionary Note on Sample Size

As we state in the document, some of these figures do not meet the Bureau of Labor Statistics' standards for publishing. This is due to the relatively small sample size of subpopulations of veterans, most notably female veterans and veterans ages 18-24. As a result of the small sample size, there is volatility in the monthly numbers. As opposed to generalizing monthly results to the overall population, BLS recommends reviewing employment trends over several months to gain a better understanding of the employment situation for veterans.

If you have any questions, you may contact Luke Murren at murren.luke@dol.gov.

We hope you find this information helpful.

Read the full report.

 

1/6 NVTI News Flash: VETS Monthly Employment Overview – December 2016

Below, please find the Veterans' Employment & Training Service's (VETS) monthly Veteran Employment Update, which is a review of data from the Bureau of Labor Statistics' monthly Economic News Release. The update includes unemployment information by veteran status, gender, and post-9/11 Era service, as well as state-by-state data and growth of industry sectors nationwide. Also included are graphs showing unemployment trends over the last 24 months.

The Veteran Unemployment Rate Ends 2016 on a Strong Note

In December 2016, the veteran unemployment rate was 4.1 percent, down from 4.8 percent one year ago. This monthly rate of 4.1 percent is also the lowest veteran unemployment rate since May 2016. The overall unemployment rate in December was 4.4 percent (seasonally adjusted rate was 4.7 percent). This comparison puts the veteran unemployment rate back below the total unemployment rate; there have been only two months in 2015 and 2016 where the veteran unemployment rate was higher than the overall unemployment rate.

A Cautionary Note on Sample Size

As we state in the document, some of these figures do not meet the Bureau of Labor Statistics' standards for publishing. This is due to the relatively small sample size of subpopulations of veterans, most notably female veterans and veterans ages 18-24. As a result of the small sample size, there is volatility in the monthly numbers. As opposed to generalizing monthly results to the overall population, BLS recommends reviewing employment trends over several months to gain a better understanding of the employment situation for veterans.

If you have any questions, you may contact Luke Murren.

We hope you find this information helpful.

Read the full report.

 

12/2 NVTI News Flash: VETS Monthly Employment Overview– November 2016

The Veterans' Employment & Training Service's (VETS) has released its monthly Veteran Employment Update, which is a review of data from the Bureau of Labor Statistics' monthly Economic News Release. The update includes unemployment information by veteran status, gender, and post-9/11 Era service, as well as state-by-state data and growth of industry sectors nationwide. Also included are graphs showing unemployment trends over the last 24 months.

Good News for Veterans!

In November, the veteran unemployment rate was 4.8%, which was slightly higher that the overall unemployment rate of 4.6. This demonstrates a 24-month trend with only two exceptions, December 2015 and November 2016, when veteran unemployment was higher than the overall unemployment. Additionally, the unemployment rate for veterans 18-24 years of age was 11.7%; a decrease from last month’s result of 13.5%.

A Cautionary Note on Sample Size

As we state in the document, some of these figures do not meet the Bureau of Labor Statistics' standards for publishing. This is due to the relatively small sample size of subpopulations of veterans, most notably female veterans and veterans ages 18-24. As a result of the small sample size, there is volatility in the monthly numbers. As opposed to generalizing monthly results to the overall population, BLS recommends reviewing employment trends over several months to gain a better understanding of the employment situation for veterans.

If you have any questions, you may contact Nancy Michelle Chevalier.

We hope you find this information helpful.

Read the full report.

 

11/4 NVTI News Flash: VETS Monthly Employment Overview – October 2016

The Veterans' Employment & Training Service's (VETS) has released its monthly Veteran Employment Update, which is a review of data from the Bureau of Labor Statistics' monthly Economic News Release. The update includes unemployment information by veteran status, gender, and post-9/11 Era service, as well as state-by-state data and growth of industry sectors nationwide. Also included are graphs showing unemployment trends over the last 24 months.

Good News for Veterans!

In October, the veteran unemployment rate remained the same at 4.3%, once again maintaining a lower level than the overall unemployment rate. This continues a 24-month trend with a single exception, when veteran unemployment was 0.1% higher than overall unemployment in December 2015.

A Cautionary Note on Sample Size

As we state in the document, some of these figures do not meet the Bureau of Labor Statistics' standards for publishing. This is due to the relatively small sample size of subpopulations of veterans, most notably female veterans and veterans ages 18-24. As a result of the small sample size, there is volatility in the monthly numbers. As opposed to generalizing monthly results to the overall population, BLS recommends reviewing employment trends over several months to gain a better understanding of the employment situation for veterans.

If you have any questions, you may contact Nancy Michelle Chevalier.

We hope you find this information helpful.

Read the full report.

National Veterans' Training Institute

8230 Leesburg Pike, Tysons Corner, VA 22182

Lyndon B Johnson Fwy, Dallas, TX 75240

844.423.8872

 

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