{"id":76927,"date":"2023-11-03T14:03:22","date_gmt":"2023-11-03T14:03:22","guid":{"rendered":"https:\/\/one.sightlinemg.com\/navytimes\/uncategorized\/2023\/11\/03\/veteran-unemployment-rebounded-in-october-after-disappointing-stretch\/"},"modified":"2026-08-08T15:56:38","modified_gmt":"2026-08-08T15:56:38","slug":"veteran-unemployment-rebounded-in-october-after-disappointing-stretch","status":"publish","type":"post","link":"https:\/\/one.sightlinemg.com\/navytimes\/veterans\/2023\/11\/03\/veteran-unemployment-rebounded-in-october-after-disappointing-stretch\/","title":{"rendered":"Veteran unemployment rebounded in October after disappointing stretch"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.militarytimes.com\/education-transition\/2023\/09\/01\/vets-jobless-rate-spikes-in-august-but-experts-note-positive-trends\/\" target=\"_blank\">Veterans unemployment rates<\/a> decreased in October despite a slight uptick in national jobless rates, according to data released Friday by the <a href=\"https:\/\/www.bls.gov\/news.release\/empsit.t05.htm\" target=\"_blank\">Bureau of Labor Statistics<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Federal researchers estimated the unemployment rate <a href=\"https:\/\/www.militarytimes.com\/veterans\/2023\/10\/12\/vets-more-likely-than-civilians-to-own-home-experience-homelessness\/\" target=\"_blank\">among veterans<\/a> last month at 2.7%, down from two consecutive months of rates above 3.5%. Those higher levels in <a href=\"https:\/\/www.militarytimes.com\/education-transition\/2023\/09\/01\/vets-jobless-rate-spikes-in-august-but-experts-note-positive-trends\/\" target=\"_blank\">August <\/a>and September marked the first time BLS had put the jobless figure for veterans above 3% in 2023.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.militarytimes.com\/veterans\/2023\/10\/26\/binge-drinking-alcohol-abuse-remains-significant-challenge-for-vets\/\" target=\"_blank\">Younger veterans<\/a> saw an even more significant improvement last month. The jobless rate among post-9\/11 era veterans fell from 5.1% in September to 4.0% in October, according to the new data.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">That translates into about 45,000 more young veterans working in October than in September.<\/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\/2023\/09\/01\/vets-jobless-rate-spikes-in-august-but-experts-note-positive-trends\/\" 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\/AP22361843093395.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\">Vets jobless rate spikes in August, but experts note positive trends<\/h3>\n\t\t\t\t\t\t\t\t\t<p class=\"smg-interstitial-link__excerpt\">The unemployment rate for veterans rose from 2.9% in July to 3.6% in August, according to federal researchers.<\/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\">Across America, about 230,000 veterans looking for work were unable to find steady employment last month, up a few thousand individuals from one year earlier. Employment experts have warned that the BLS estimates are susceptible to fluctuations from month to month given sampling and surveying complications.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Veterans unemployment has typically outpaced the jobless rate of the general population in recent years. <a href=\"https:\/\/www.militarytimes.com\/education-transition\/2023\/05\/08\/veterans-unemployment-is-at-historic-lows-can-it-last\/\" target=\"_blank\">In April,<\/a> BLS officials estimated the veterans unemployment rate at 2.1%, the lowest mark since the start of 2000, when the agency began tracking jobless data for the group.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">But suddenly higher unemployment rates among veterans in August and September did raise some concerns among veterans advocates, especially as the rest of the American job market improved.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Congressional lawmakers have focused heavily on veterans job programs in recent years, boosting transition assistance programs and corporate outreach efforts.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">About 8.5 million veterans are in the U.S. workforce. That\u2019s just under half of the 17.8 million veterans living in America today.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The October unemployment rate for veterans fell to 2.7%, according to federal researchers.<\/p>\n","protected":false},"author":7,"featured_media":108537,"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":19,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","_smg_distribution_targets":[]},"categories":[101,7,23,12,26,62,19],"tags":[],"coauthors":[3222],"class_list":["post-76927","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-news-roundup","category-education-transition","category-home","category-news","category-newsletters","category-pentagon-congress","category-veterans"],"acf":{"subheadline":"","legacy_arc_id":"7XUP7MH2SFFLFLDD3M4CZUUAR4","arc_canonical_url":"\/military-honor\/salute-veterans\/2023\/11\/03\/veteran-unemployment-rebounded-in-october-after-disappointing-stretch\/","remove_feature_photo":false,"is_sponsored":false,"subtype":"","redirect_url":"","disable_inline_ads":false,"native_logo_pretext":"Presented 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