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

James Brown biopic revels in drama and dance moves

This image released by Universal Pictures shows Chadwick Boseman, right, and Dan Aykroyd in a scene from "Get On Up."

Chadwick Boseman nails Brown's singular mannerisms and raspy voice in the new biopic "Get On Up."

in Music

Lady Gaga and Tony Bennett celebrate collaboration with concert

Recording artists Lady Gaga, left, and Tony Bennett, attend a Tony Bennett and Lady Gaga concert taping on Monday, July 28, 2014, in New York.

Lady Gaga and Tony Bennett performed tracks from their jazz collaboration Cheek to Cheek ahead of its long-awaited release.

in Entertainment

Jamie Foxx to portray Mike Tyson in biopic

Actor Jamie Foxx poses for a portrait at the Crosby Street Hotel, in promotion of his upcoming role in "The Amazing Spider-Man 2," on Sunday, April 27, 2014 in New York.

Jamie Foxx is set to portray boxing legend Mike Tyson in a movie after five years of preparation for the role.

in Entertainment

Kiefer Sutherland confused by Freddie Prinze, Jr. blast

Prinze Jr Sutherland

Kiefer Sutherland has been left baffled by former 24 co-star Freddie Prinze, Jr.'s public attack on the star's professionalism.

in Viral Videos

Mini Dominoes break World Record

Mini Dominoes

The challenge gets bigger as the Dominoes get smaller!

Weather

condition Condition: Partly Cloudy
Temperature: 66°
High: 78° - Low: 54°