Vets Unemployment Drops to Lowest Rate in 4 Years
Nov 02, 2012
Stars and Stripes
by Leo Shane III
WASHINGTON -- Bureau of Labor Statistics researchers announced that veterans unemployment dropped to 6.3 percent in October, its lowest point since before President Barack Obama took office.
The figure still means that nearly 690,000 veterans are looking for work. But that number has been on a downward trend for the last 18 months, when more than 1 million veterans were trying to find jobs.
The unemployment rate among Iraq and Afghanistan era veterans nudged up last month, to 10 percent from 9.7 percent in September, and still sits well above the national rate of 7.9 percent.
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