
The Employment Situation of Veterans – August 2023
On September 1st the Bureau of Labor Statistics (BLS) reported employment increased by 187,000 in August, and the unemployment rate rose to 3.8 percent. Employment continued to trend up in health care, leisure and hospitality, social assistance, and construction. Employment in transportation and warehousing declined.[1] For veterans, unemployment increased from 2.9 percent to 3.6 percent in August. Post-9/11 veteran unemployment increased from 3.4 percent to 4.3 percent in August. The overall unemployment trend varies by different veteran demographic factors, however, some more than others.