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Friday, January 7, 2011

Unemployment jumps in December for young vets

Unemployment jumps in December for young vets
By Rick Maze - Staff writer
Posted : Friday Jan 7, 2011 9:59:55 EST
Labor Department employment statistics released Friday show that young veterans continue to have serious and growing problems finding work in a tight job market, while older veterans are doing better than the general population.

The Jan. 7 release of December data shows the national unemployment rate fell slightly, from 9.8 percent in November to 9.4 percent in December, and that the unemployment rate for all veterans over the age of 18 remained steady, at 8.3 percent.

For younger veterans, the new report shows a dramatic increase in unemployment, from 9.4 percent in November to 11.7 percent in December.
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Unemployment jumps in December for young vets

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