The Employment Situation of Veterans

Employment Reports


Each month the Bureau of Labor Statistics (BLS) releases their employment and unemployment report. Below are some key insights from those reports focused on veteran employment.

2023


cover of employment report for august 2023

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.

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Cover of Employment situation for veterans July 2023

The Employment Situation of Veterans – July 2023


On August 4th the Bureau of Labor Statistics (BLS) reported employment rose by 187,000 in July, and the unemployment rate changed little at 3.5 percent. Job gains occurred in health care, social assistance, financial activities, and wholesale trade.[1] For veterans, unemployment increased from 2.7 percent to 2.9 percent in July. Post-9/11 veteran unemployment increased from 2.6 percent to 3.4 percent in July. The overall unemployment trend varies by different veteran demographic factors, however, some more than others.

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2023 june employment situations cover

The Employment Situation of Veterans – June 2023


On July 7th the Bureau of Labor Statistics (BLS) reported employment increased by 209,000 in June, and the unemployment rate changed little at 3.6 percent. Employment continued to trend up in government, health care, social assistance, and construction.[1] For veterans, unemployment increased from 2.5 percent to 2.7 percent in June. Post-9/11 veteran unemployment increased from 1.7 percent to 2.6 percent in June. The overall unemployment trend varies by different veteran demographic factors, however, some more than others.

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Cover of April employment report

The Employment Situation of Veterans – May 2023


On June 2nd the Bureau of Labor Statistics (BLS) reported employment increased by 339,000 in May, and the unemployment rate rose by 0.3 percentage point to 3.7 percent. Job gains occurred in professional and business services, government, health care, construction, transportation and warehousing, and social assistance.(1) For veterans, unemployment increased from 2.1 percent to 2.5 percent in May. Post-9/11 veteran unemployment decreased from 2.4 percent to 1.7 percent in May. The overall unemployment trend varies by different veteran demographic factors, however, some more than others.

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Cover of April employment report

The Employment Situation of Veterans – April 2023


On April 7th, the Bureau of Labor Statistics (BLS) reported employment rose by 236,000 in March, and the unemployment rate changed little at 3.5 percent. Employment continued to trend up in leisure and hospitality, government, professional and business services, and health care.[1] For veterans, unemployment decreased from 2.5 percent to 2.4 percent in March. Post-9/11 veteran unemployment remained unchanged at 2.8 percent. The overall unemployment trend varies by different veteran demographic factors, however, some more than others.

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Cover of employment situation

The Employment Situation of Veterans – March 2023


On April 7th, the Bureau of Labor Statistics (BLS) reported employment rose by 236,000 in March, and the unemployment rate changed little at 3.5 percent. Employment continued to trend up in leisure and hospitality, government, professional and business services, and health care.[1] For veterans, unemployment decreased from 2.5 percent to 2.4 percent in March. Post-9/11 veteran unemployment remained unchanged at 2.8 percent. The overall unemployment trend varies by different veteran demographic factors, however, some more than others.

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Cover of the IVMF Employment Situation of Veterans February (released March 2023)

The Employment Situation of Veterans – February 2023


On March 10th, the Bureau of Labor Statistics (BLS) reported employment rose by 311,000 in February, and the unemployment rate edged up to 3.6 percent. Notable job gains occurred in leisure and hospitality, retail trade, government, and health care. Employment declined in information and in transportation and warehousing.[1] For veterans, unemployment decreased from 2.8 percent to 2.5 percent in February. Post-9/11 veteran unemployment decreased from 3.8 percent to 2.8 percent. The overall unemployment trend varies by different veteran demographic factors, however, some more than others.

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Cover of December Employment Situation of veterans

The Employment Situation of Veterans – January 2023


On February 3rd, the Bureau of Labor Statistics (BLS) reported employment rose by 517,000 in January, and the unemployment rate changed little at 3.4 percent. Job growth was widespread, led by gains in leisure and hospitality, professional and business services, and health care. Employment also increased in government, partially reflecting the return of workers from a strike.[1] For veterans, unemployment decreased from 3.2 percent to 2.8 percent in January. Post-9/11 veteran unemployment increased from 3.0 percent to 3.8 percent. The overall unemployment trend varies by different veteran demographic factors, however, some more than others.

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2022


2021


2020