{"id":117290,"date":"2022-06-03T14:06:54","date_gmt":"2022-06-03T14:06:54","guid":{"rendered":"https:\/\/one.sightlinemg.com\/militarytimes\/uncategorized\/2022\/06\/03\/unemployed-veterans-dropped-by-more-than-half-a-million-in-last-two-years\/"},"modified":"2026-08-08T13:21:49","modified_gmt":"2026-08-08T13:21:49","slug":"unemployed-veterans-dropped-by-more-than-half-a-million-in-last-two-years","status":"publish","type":"post","link":"https:\/\/one.sightlinemg.com\/militarytimes\/education-transition\/2022\/06\/03\/unemployed-veterans-dropped-by-more-than-half-a-million-in-last-two-years\/","title":{"rendered":"Unemployed veterans dropped by more than half-a-million in last two years"},"content":{"rendered":"\n

Veterans unemployment<\/a> continued its steady recent decline in May, falling below 3% for the third consecutive month.<\/p>\n\n\n\n

The employment statistic hasn\u2019t been under that mark for three months since late 2019, a few months before the coronavirus pandemic disrupted the American economy and set veterans (and other workers) unemployment to historically high levels.<\/p>\n\n\n\n

In May 2020, just a few weeks after the coronavirus pandemic started in America, the veterans unemployment rate was at 9%. Since then, the number of veterans struggling to find work has dropped by about 550,000 individuals.<\/p>\n\n\n\n

According to the Bureau of Labor Statistics<\/a>, about 2.7% of veterans looking for steady employment last month were unable to secure jobs, down from 2.9% in April. The figure translates to just under 250,000 veterans across the United States receiving joblessness benefits.<\/p>\n\n\n\t