Friday, May 4, 2012

Veteran Unemployment Rate Update April 2012

This morning the government released the latest unemployment numbers.  Here is the raw data for veterans.

Overall unemployment percentages dropped.  Overall civilian, non-veteran unemployment rate is 7.6%, Down from 8.2% last month.  Overall veteran dropped from 7.5% to 7.1%, as did GWOT veterans from 10.3% to 9.2% and Gulf War era from 5.6% to 5.2%.

Note the difference between non-veterans and GWOT veterans.  GWOT vets have a 17% higher unemployment rate that non-vets.

These are comparison average unemployment rates from January 2011 through April 2012:  I am using a seventeen month time frame to allow for months when the rate goes way up or way down so we have a more accurate picture.

The average veteran is 11.1% LESS likely to be unemployed than the average non-vet.
The average GWOT veteran is 31.3% MORE likely to be unemployed than the average non-vet.
The average Gulf War veteran is 22.7% LESS likely to be unemployed than the average non-vet.

MEN

The average male veteran is 12.5% LESS likely.
The average male GWOT vet is 23.4% MORE likely.
The average male Gulf War vet is 26.7% LESS likely.

WOMEN (this should grab your attention)

The average female veteran is 5.1% MORE likely.
The average female GWOT veteran is 53% MORE likely.
The average female Gulf War veteran is 22.7% LESS likely to be unemployed than the average female non-vet.

If you like charts, this is the data visually:

Overall veterans


Male veterans


Female veterans


This does not account for those veterans who are part-time or under-employed.  I suspect the under-employed is of equal or greater importance than the unemployment numbers.

Veterans of conflicts prior to 9/11 enjoy a much lower unemployment rate than those who stepped up post 9/11.  This data tells us we have to do more to help our newest veterans, those who are carrying the burden of keeping us secure - those who are at war.  This country is not at war - but our military is.  Remember our culture now is one that ignores the best while celebrating the least.  This is but another indicator.

Reach out and help a young veteran land a great job.  Our communities will be much better in the long run.



RLTW  Karl
www.gallantfew.org


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