The Employment Situation of Veterans – October 2024
On November 1st, the Bureau of Labor Statistics (BLS) reported that employment was essentially unchanged in October (+12,000), and the unemployment rate was unchanged at 4.1 percent. Employment continued to trend up in health care and government. Temporary help services lost jobs. Employment declined in manufacturing due to strike activity.[1] For veterans, unemployment increased from 2.7 percent in September to 2.8 percent in October 2024. Post-9/11 veteran unemployment also increased from 2.5 percent in September to 3.2 percent in October. The unemployment trend continues to vary across different veteran demographic groups.