IVMF Issues August 2013 Employment Situation of Veterans in America

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vet-jobsIVMF Issues August 2013 Employment Situation of Veterans in America

 
The Employment Situation of Veterans in America is issued by the Institute for Veterans and Military Families at Syracuse University (IVMF) on the first Friday of each month, and represents the month-to-month change in the employment situation of America’s veterans. This month’s Employment Situation of Veterans in America finds that the unemployment rate of veterans has improved slightly, decreasing from 6.4% in July 2013 to 6.2% in August 2013. The nation’s youngest veterans, ages 20-24, are experiencing one of the highest unemployment rates at 18.9%, which is 5.9% higher than that of their non-veteran peers of the same age. 

The IVMF also reports the Bureau of Labor Statistics (BLS) projections related to the duration of the period of unemployment experienced by post-9/11 veterans. Approximately 72.4% of post-9/11 veterans ages 20-24 have been unemployed for more than five weeks. Understanding unemployment duration will confer additional insight into the employment situation of veterans and in turn enable more focused efforts positioned to address the differing needs of longer-term unemployed veterans, as compared to the shorter-term unemployment challenges facing transitioning service members.
The report also includes an overview of noteworthy news, policy and public/private sector initiatives positioned to impact the employment situation of veterans. The data reported comes from the BLS Current Population Survey, and represents the period ending August 2013.

The Employment Situation of Veterans in America can also be downloaded directly from the IVMF website. Other IVMF research is available at http://vets.syr.edu/research/, including our research briefs on employment, education, families, and wellness.
To IVMF news updates, research briefs, employment situation and other policy and research reports are sent to subscribers regularly. To receive the employment situation report, or our other updates, subscribe at  http://vets.syr.edu/sign-up/.

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