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.
Veteran Unemployment Rate 2.3 Percent in April
In March 2019, the veteran unemployment rate was 2.3 percent, down from 3.7 percent in April 2018; this represents the lowest veteran unemployment rate in the month of April in the entire data series (started in 2000). The unemployment rate of 2.3 percent is also tied for the lowest monthly rate for veterans for any month in the data series. The non-veteran unemployment rate for April 2019 was 3.3 percent (not seasonally adjusted). View the full report.