The up-and-down unemployment rate for the latest generation of veterans dipped in November, falling to 5.7 percent, government data show. Only two times in the monthly measure’s more-than-six-year history has this unemployment rate been lower.<\/p>\n\n\n\n
The nation as a whole added 321,000 jobs in November as the unemployment rate held steady at 5.8 percent, according to the Bureau of Labor Statistics.<\/p>\n\n\n\n
The November post-9\/11 veteran unemployment rate is down a point and a half from the October measure of 7.2 percent.<\/p>\n\n\n\n
Such a swing likely has more to do with the volatility of the metric than a sudden, dramatic improvement in employment for the nation’s youngest veterans. With just one exception, every monthly jobs report this year has included a post-9\/11 veteran unemployment rate at least a full point higher or lower than the previous month’s rate.<\/p>\n\n\n\n
The rate’s small sample size makes it particularly susceptible to such big swings. Rather than focusing on any one month’s rate, economists recommend looking for trends over longer periods.<\/p>\n\n\n\n
Those trends have clearly been positive in 2014.<\/p>\n\n\n\n
The two highest unemployment rates this year, in February and July, were both 9.2 percent, just a shade above the 9 percent rate covering last year as a whole. The two lowest unemployment rates, 5.3 percent in May and this latest 5.7 percent mark, are at or near historic lows.<\/p>\n\n\n\n
For veterans of all generations, unemployment stood at 4.5 percent in November, unchanged from the October rate.<\/p>\n","protected":false},"excerpt":{"rendered":"
The up-and-down unemployment rate for the latest generation of veterans dipped in November.<\/p>\n","protected":false},"author":7,"featured_media":90968,"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":29,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","_smg_distribution_targets":[]},"categories":[7],"tags":[],"coauthors":[1068],"class_list":["post-52177","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-education-transition"],"acf":{"subheadline":"","legacy_arc_id":"775IGPV4LBHSRAHYN7Y67XDH4M","arc_canonical_url":"\/education-transition\/jobs\/2014\/12\/05\/post-9-11-vet-unemployment-picture-improves-in-november\/","remove_feature_photo":false,"is_sponsored":false,"subtype":"","redirect_url":"","disable_inline_ads":false,"native_logo_pretext":"Presented By:"},"yoast_head":"\n