Veteran Unemployment Rate 2.7 Percent in May
In May 2019, the veteran unemployment rate was 2.7 percent, down from 3.4 percent in May 2018; this represents the lowest veteran unemployment rate in the month of May since 2000. The non-veteran unemployment rate for May 2019 was 3.3 percent (not seasonally adjusted). This month also marks the 13th consecutive month where the veteran unemployment rate was equal to or lower than the non-veteran unemployment rate. View the full report.
Latest Unemployment Numbers
- National Unemployment Rate: 3.6% in March 2019
- Non-Veteran Unemployment Rate: 3.3% in March 2019
- Veteran Unemployment Rate: 2.7% in March 2019
- Women Veterans Unemployment: 2.7% in March 2019
The annual veteran unemployment rate declined to 3.5% in 2018 – the lowest level since 2000.
Read the full report.
Some highlights from the 2018 report include:
- The jobless rate for all veterans fell to an 18-year low of 3.5% in 2018, from its peak at 9.9% in 2011.
- Unemployment for veterans who served on active duty in the U.S. Armed Forces at any time since September 2001 dropped from 4.5 percent in 2017, to 3.5 percent in 2018 – the lowest rate recorded since BLS began collecting the data in 2008.
- The unemployment rate for women veterans fell to 3.0 percent in 2018.
- Among the 326,000 unemployed veterans in 2018, nearly 60 percent were age 45 and over; 35 percent were ages 25-44, and 6 percent were ages 18-24.
- As of August 2018, about 1 in 3 employed veterans with a service-connected disability worked in the public sector, compared to about 1 in 5 veterans with no disability.
- The unemployment rate of veterans varied across the country, ranging from 1.4 percent in Iowa to 6.5 percent in the District of Columbia.