News

High unemployment still haunts military vets

High unemployment still haunts military vets

VETERANS: Joblessness among this group is set to worsen as the war in Afghanistan winds down. Pentagon's proposed budget calls for the U.S. Army to shrink to around 450,000 from a war-time high of 570,000. Photo: Reuters

WASHINGTON (Reuters) – Unemployment among U.S. military veterans eased last year, government data showed on Thursday, but remained far higher than the national average rate for the civilian population.

The unemployment rate among veterans who had joined the military after September 11, 2001, averaged 9.0 percent last year, down from 9.9 percent in 2012, the Labor Department said. That was about 1.6 percentage points above the rate for the civilian population.

Joblessness among this group is set to worsen as the war in Afghanistan winds down. Pentagon’s proposed budget calls for the U.S. Army to shrink to around 450,000 from a war-time high of 570,000.

The Obama administration and the U.S. Congress have pushed forward an array of measures, including tax credits for companies employing veterans of the Iraq and Afghanistan wars.

“There is still much work to be done for our nation’s youngest veterans,” said James Jones, co-chair at the non-profit Call of Duty Endowment in Arlington, Virginia.

“These brave young men and women bring tremendous value to the workplace and it is the job of executives and hiring managers alike to promote their worth and eradicate the still-evident discrepancy in employment rates.”

Call of Duty Endowment helps veterans find careers by supporting groups that prepare them for the job market.

Research by Federal Reserve Bank of Chicago economists last year found that veterans deployed overseas for prolonged periods struggled to find work because of the traumas of war, as well as training that did not readily translate into the civilian world.

Among 9/11 military veterans, women suffered the most from high joblessness, with an unemployment rate of 9.6 percent in 2013. That compared to 12.5 percent in 2012. Unemployed female veterans were concentrated in the 18-34 age group last year.

The unemployment rate for men was 8.8 percent, down from 9.5 percent the previous year. Unemployment was high for men in the 18-24 age group, with the rate at 24.3 percent.

For men aged 25 to 34, the unemployment rate was 9.2 percent. For male veterans 35 and older, the unemployment rate was below 6.5 percent last year.

(Reporting By Lucia Mutikani; Editing by Mohammad Zargham)

Recent Headlines

in Music

Taylor Swift, Joe Walsh surprise fans at Kenny Chesney concert

Kenny Chesney performs on ABC's "Good Morning America" on Friday, Aug. 9, 2013 in New York.

Taylor Swift and Joe Walsh surprised the crowd at a Kenny Chesney concert by appearing onstage for impromptu duets.

in Music

This week’s top country tracks

aldean

LISTEN: This week's top country tracks, according to the latest Billboard chart.

in Entertainment

Angelina Jolie crowned world’s top feminist icon

Angelina Jolie arrives at the 20th annual Critics' Choice Movie Awards at the Hollywood Palladium on Thursday, Jan. 15, 2015, in Los Angeles.

Angelina Jolie and Emma Watson top the list of the world's foremost feminist icons.

in Entertainment, National

Celebrities protest new Indiana law

George Takei poses for a portrait at Quaker Good Energy Lodge with GenArt and the Collective , during the Sundance Film Festival, on Saturday, Jan. 18, 2014 in Park City, Utah.

Celebrities call for an Indiana boycott after the passing of a controversial law that could lead to discrimination against gay couples.

in Entertainment

REVIEW: ‘It Follows’ is the best American horror film in a decade

In this image released by Brigade Marketing, actress Maika Monroe appears in a scene of It Follows, directed by David Robert Mitchell. “It Follows,” has been arguably the buzziest American film at Cannes next to Bennett Miller’s wrestling drama “Foxcatcher,” which boasts a far more famous cast and a major premiere at the Palais des Festival.

"It Follows" is a horror movie worthy of classic comparisons.