{"id":120901,"date":"2022-09-02T14:17:06","date_gmt":"2022-09-02T14:17:06","guid":{"rendered":"https:\/\/one.sightlinemg.com\/militarytimes\/uncategorized\/2022\/09\/02\/veterans-unemployment-improves-even-as-national-rate-worsens-slightly\/"},"modified":"2026-08-08T14:27:07","modified_gmt":"2026-08-08T14:27:07","slug":"veterans-unemployment-improves-even-as-national-rate-worsens-slightly","status":"publish","type":"post","link":"https:\/\/one.sightlinemg.com\/militarytimes\/education-transition\/2022\/09\/02\/veterans-unemployment-improves-even-as-national-rate-worsens-slightly\/","title":{"rendered":"Veterans unemployment improves even as national rate worsens slightly"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.militarytimes.com\/education-transition\/2022\/08\/29\/disney-summit-connects-veterans-spouses-with-civilian-opportunities\/\" target=\"_blank\">Veterans\u2019 job prospects <\/a>improved in August even as the national unemployment rate rose slightly, according to data released by the Bureau of Labor Statistics on Friday.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The <a href=\"https:\/\/www.militarytimes.com\/education-transition\/2022\/06\/03\/unemployed-veterans-dropped-by-more-than-half-a-million-in-last-two-years\/\" target=\"_blank\">unemployment rate<\/a> for all veterans fell from 2.7% in July to 2.4% in August, with about 27,000 fewer veterans reporting they were unable to find steady work.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The decline among younger veterans was even more dramatic. BLS estimates the unemployment rate for that group last month was 1.9%, down from 3.4% in July and marking the lowest monthly level since April 2019 (when it was 1.7%).<\/p>\n\n\n\t<aside class=\"smg-interstitial-link wp-block-smg-interstitial-link\">\n\t\t<a href=\"https:\/\/one.sightlinemg.com\/militarytimes\/education-transition\/2022\/06\/03\/unemployed-veterans-dropped-by-more-than-half-a-million-in-last-two-years\/\" class=\"smg-interstitial-link__inner\">\n\t\t\t\t\t\t\t<div class=\"smg-interstitial-link__media\">\n\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"200\" src=\"https:\/\/one.sightlinemg.com\/wp-content\/uploads\/2026\/08\/AP21007723995341.jpg.jpg?w=300\" class=\"smg-interstitial-link__image wp-post-image\" alt=\"\" \/>\t\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"smg-interstitial-link__content\">\n\t\t\t\t<span class=\"smg-interstitial-link__kicker\">Related<\/span>\n\t\t\t\t<h3 class=\"smg-interstitial-link__title\">Unemployed veterans dropped by more than half-a-million in last two years<\/h3>\n\t\t\t\t\t\t\t\t\t<p class=\"smg-interstitial-link__excerpt\">Veterans unemployment has been less than 3.0% for three consecutive months.<\/p>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/a>\n\t<\/aside>\n\t\n\n\n<p class=\"wp-block-paragraph\">Employment experts have cautioned that monthly estimates are subject to volatility due to sampling and survey issues. But the veterans figures show continued improvement in opportunity for veterans since the start of 2022, when the estimates for both groups was significantly above 3%.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In contrast, the national unemployment rate rose from 3.5% in July (its lowest mark since one month before the coronavirus pandemic began in America in February 2020) to 3.7%, the first monthly increase since January.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">On Monday, White House press secretary Karine Jean-Pierre downplayed potential concerns about a one-month regression after months of positive employment news.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cWe have talked about how we\u2019re coming off historic economic growth,\u201d she said. \u201cAnd it\u2019s no surprise that the economy is slowing down. We\u2019re expecting that to cool off just a bit as we\u2019re going into that transition \u2026 and right now we\u2019re still seeing a strong labor market.\u201d<\/p>\n\n\n\t<aside class=\"smg-interstitial-link wp-block-smg-interstitial-link\">\n\t\t<a href=\"https:\/\/one.sightlinemg.com\/militarytimes\/news\/pentagon-congress\/2022\/06\/02\/lawmakers-worry-va-home-loans-arent-keeping-up-with-hot-housing-market\/\" class=\"smg-interstitial-link__inner\">\n\t\t\t\t\t\t\t<div class=\"smg-interstitial-link__media\">\n\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"199\" src=\"https:\/\/one.sightlinemg.com\/wp-content\/uploads\/2026\/08\/881551.jpg.jpg?w=300\" class=\"smg-interstitial-link__image wp-post-image\" alt=\"\" \/>\t\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"smg-interstitial-link__content\">\n\t\t\t\t<span class=\"smg-interstitial-link__kicker\">Related<\/span>\n\t\t\t\t<h3 class=\"smg-interstitial-link__title\">Lawmakers worry VA home loans aren\u2019t keeping up with hot housing market<\/h3>\n\t\t\t\t\t\t\t\t\t<p class=\"smg-interstitial-link__excerpt\">Despite federal backing and lower costs, the loans aren&#039;t always the easiest way for veterans to purchase a home.<\/p>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/a>\n\t<\/aside>\n\t\n\n\n<p class=\"wp-block-paragraph\">The veterans unemployment rate has generally outpaced the national estimate in recent years, thanks in part to extra transition and job assistance programs focused on former service members.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">From August 2021 to last month, the number of veterans unable to find steady employment dropped by almost 100,000 individuals. About 8.5 million veterans are in the American workforce today.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Employment estimates for younger veterans fell in August to their lowest levels since before the coronavirus pandemic.<\/p>\n","protected":false},"author":7,"featured_media":105627,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_yoast_wpseo_meta-robots-noindex":"","_yoast_wpseo_meta-robots-nofollow":"","_yoast_wpseo_canonical":"","_acf":"","_yoast_wpseo_primary_category":9,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","_smg_distribution_targets":{"4":{"categories":["education-transition","veterans","daily-news-roundup","newsletters","middle-column","home"],"primary_category":"education-transition"},"5":{"categories":["education-transition","veterans","daily-news-roundup","newsletters","middle-column","home"],"primary_category":"education-transition"},"6":{"categories":["education-transition","veterans","daily-news-roundup","newsletters","middle-column","home"],"primary_category":"education-transition"},"7":{"categories":["education-transition","veterans","daily-news-roundup","newsletters","middle-column","home"],"primary_category":"education-transition"},"8":{"categories":["career","management","pay-benefits"],"primary_category":"career"}}},"categories":[9,29,117,35,25],"tags":[],"coauthors":[3347],"class_list":["post-120901","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-education-transition","category-home","category-middle-column","category-newsletters","category-veterans"],"acf":{"subheadline":"","legacy_arc_id":"6JQSYYST65ANDF2IZGUOQSHUAQ","arc_canonical_url":"\/education-transition\/2022\/09\/02\/veterans-unemployment-improves-even-as-national-rate-worsens-slightly\/","remove_feature_photo":false,"is_sponsored":false,"subtype":"","redirect_url":"","disable_inline_ads":false,"native_logo_pretext":"Presented 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