Advertisement

You will be redirected to the page you want to view in  seconds.

Veterans' unemployment climbs in November

Dec. 7, 2012 - 10:33AM   |   Last Updated: Dec. 7, 2012 - 10:33AM  |  
  • Filed Under

The jobless rate for veterans of all generations climbed slightly to 6.6 percent in November, up from 6.3 percent in October, while the unemployment rate remained 10 percent for post-9/11 veterans, the Labor Department reported Friday.

Although the economy produced a modest 146,000 new jobs in November, the national unemployment rate dropped to 7.7 percent, down 0.2 percentage points from October, according to the monthly employment situation report. About 12 million people are still unemployed, according to the report.

The overall unemployment rate is lower for adult women than adult men, but the opposite is true for veterans. Among veterans of all generations, the jobless rate is 6.3 percent for men and 9.3 percent for women. Among post-9/11 veterans, the jobless rate is 9.5 percent for men and 12.9 percent for women.

Jobs created in November came mostly in retail, professional and business services, and health care, the Labor Department reported.

The Defense Department is in the midst of an initiative to beef up and individualize transition assistance training for separating and retiring service members, a move aimed at helping them find better jobs and use their military-learned skills in leadership and occupational fields.

Answers by RallyPoint

Join trending discussions in the military's #1 professional community. See what members like yourself have to say from across the DoD.

More In News

Start your day with a roundup of top defense news.

VA Home Loan
Rates

Search By:

Product Options:
Zip Code:

News for your in-box

Sign up now for free Military Times E-Reports. Choose from Money and Education. Subscribers: log in for premium e-newsletters.


This Week's Marine Corps Times

This Week's Marine Corps Times

MARSOC reality
A former JTAC's revealing account of tense spec ops mission

Subscribe for Print or Digital delivery today!

Classifieds
MilitaryTimes Green Trusted Classifieds Looking to buy, sell and connect on Military Times?
Browse expanded listings across hundreds of military installations.
Faces of valorHonoring those who fought and died in Operations Iraqi Freedom and Enduring Freedom.
hall of valorThe Hall of Valor is a searchable database of valor award citations collected by Doug Sterner, a Vietnam veteran and Military Times contributing editor, and by Military Times staff.
Woman who cried rape
(3 replies)
   Last Post: TJMAC77SP
        May 3, 2014 1:32 PM
   Last Post: garhkal
        May 1, 2014 5:03 PM
Cliven Bundy
(45 replies)
   Last Post: Chief_KO
        Apr 26, 2014 9:49 AM
Handbooks

All you need to know about your military benefits.

Benefits handbook

Guard & Reserve All you need to know about the Guard & Reserve.

guard and reserve handbook