Happy Veteran’s Day from Workforce Solutions
In honor of Veterans Day, here’s a one-stop shop of all of our most up-to-date data on veterans.
- After reaching 9.9 percent in January 2011, the unemployment rate for veterans was 2.7 percent in October 2017. This is the lowest rate since 2000.
- The unemployment rate for Gulf War-era II veterans — who served on active duty at any time since September 2001 — reached 15.2 percent in January 2011. However, the unemployment rate was 3.6 percent in October 2017, the lowest rate since this series began in 2006.
- The peak unemployment rate for nonveterans was 10.4 percent in January 2010; their rate was 3.8 percent in October 2017.
- There were 347,000 unemployed veterans in the United States in the third quarter of 2017; 30 percent of them were ages 18 to 34.
- In the third quarter of 2017, more veterans worked in government than in any other industry; 21 percent of all veterans and 25 percent of Gulf War-era II veterans worked for federal, state, or local government. By comparison, 13 percent of employed nonveterans worked in government.
- After government, the next largest employers of veterans are manufacturing and professional and business services.
Now let’s take a look at some data that may help veterans who are looking for work or considering a career change.
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The North Central Workforce Development Board serves as the premier facilitator of an innovative workforce development system that meets the changing human capital needs of our employers and provides resources for our job seekers that maximizes their career potential and focuses on the customers’ needs.