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Veterans' Employment and Training Service (VETS)

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January 6, 2017

Veterans Unemployment Update

VETS Monthly Employment Overview – December 2016
Attached, 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. View the full report.

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.

VETS prepares America's veterans, service members and their spouses, for meaningful careers, provides them with employment resources and expertise, protects their employment rights and promotes their employment opportunities.

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