Wednesday, March 18, 2015
Tweet[IWS] BLS: EMPLOYMENT SITUATION OF VETERANS -- 2014 [18 March 2015]
IWS Documented News Service
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Institute for Workplace Studies-----------------Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor--------------------Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
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NOTE: Funding for this service ends on 31 March 2015. Postings will end on this date as well.
EMPLOYMENT SITUATION OF VETERANS -- 2014 [18 March 2015]
http://www.bls.gov/news.release/vet.nr0.htm
or
http://www.bls.gov/news.release/pdf/vet.pdf
[full-text, 25 pages]
The unemployment rate for veterans who served on active duty in the U.S. Armed
Forces at any time since September 2001--a group referred to as Gulf War-era II
veterans--declined by 1.8 percentage points over the year to 7.2 percent in 2014,
the U.S. Bureau of Labor Statistics reported today. The jobless rate for all
veterans, at 5.3 percent, also declined from a year earlier. In addition, 29
percent of Gulf War-era II veterans reported having a service-connected
disability in August 2014, compared with 16 percent of all veterans.
This information was obtained from the Current Population Survey (CPS), a monthly
sample survey of about 60,000 households that provides data on employment and
unemployment in the United States. Data about veterans are collected monthly in
the CPS; those monthly data are the source of the 2014 annual averages presented
in this news release. In August 2014, a supplement to the CPS collected
additional information about veterans on topics such as service-connected
disability and veterans' current or past Reserve or National Guard membership.
Information from the supplement is also presented in this release. The supplement
was co-sponsored by the U.S. Department of Veterans Affairs and by the U.S.
Department of Labor's Veterans' Employment and Training Service. For more
information, see the Technical Note, which provides definitions of terms used
in this release.
Highlights from the 2014 data:
--The unemployment rate for male veterans declined to 5.2 percent in 2014. The
rate for female veterans edged down to 6.0 percent. (See table A.)
--Among the 573,000 unemployed veterans in 2014, 59 percent were age 45 and over.
Thirty-seven percent were age 25 to 44, and 4 percent were age 18 to 24. (See
table 2A.)
--Veterans with a service-connected disability had an unemployment rate of 5.9
percent in August 2014, the same rate as for veterans with no disability.
(See table 7.)
--Nearly 1 in 3 employed veterans with a service-connected disability worked in
the public sector in August 2014, compared with nearly 1 in 5 veterans with
no disability. (See table 8.)
--In 2014, the unemployment rate of veterans varied by state, ranging from 1.4
percent in North Dakota to 8.5 percent in Maryland. (See table 6A.)
AND MUCH MORE...including TABLES....
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