
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.