November 2013 Veterans Unemployment Data

Colleagues and Fellow Veterans,

This past Friday the Bureau of Labor Statistics released the November unemployment data.  Attached is our ‘cheat sheet’ summarizing the information.

Overall, the National unemployment rate decreased to 7.0%, and the Veteran unemployment rate decreased to 6.7%.  The Veteran unemployment rate is slightly higher than November of last year but lower than the November 2011 rate of 7.4%.

November 2013 Unemployment
Cohort (% of total)	Rate			Change		Level	Change	Non-Vets
National	7.0%			-0.3%		10.9M	400,000	-
>27 Weeks						4.1M	-	-
All Veterans (100%)	6.7%			-0.2%		724,000	-26,000	6.4%
Male	6.5%			-0.2%		613,000	-21,000	6.7%
Female	8.0%			0.0%		112,000	-4,000	6.1%
Post-9/11 Veterans (33%)	9.9%			-0.1%		241,000	-5,000	-
Male	9.9%			0.3%		195,000	5,000	-
Female	10.0%			-1.6%		46,000	-10,000	-
18-24 Veterans* (3%)	17.4%			6.9%		24,000	5,000	12.1%
Male	24.8%			7.8%		24,000	7,000	13.0%
Female**	-			-		-	-	11.2%
25-34 Veterans (25%)	12.0%			1.9%		179,000	32,000	6.8%
Male	11.3%			2.3%		137,000	32,000	6.7%
Female	15.2%			0.4%		42,000	1,000	7.0%
35-44 Veterans (15%)	5.4%			-1.4%		112,000	-27,000	5.4%
Male	5.8%			-1.6%		101,000	-25,000	5.6%
Female	3.3%			-0.6%		11,000	-2,000	5.2%
45-54 Veterans (25%)	6.4%			0.0%		178,000	-3,000	5.2%
Male	5.8%			0.1%		135,000	2,000	5.4%
Female	9.7%			-0.6%		43,000	-5,000	5.0%
55+ Veterans (32%)	5.3%			-0.7%		231,000	-34,000	4.6%
Male	5.3%			-0.8%		215,000	-38,000	5.1%
Female	5.2%			1.0%		15,000	2,000	4.2%
*  2,000 enrolled in school (8.3% of all unemployed 18-24)
**  Does not meet BLS publication criteria

R

Curtis L. Coy
Deputy Under Secretary for Economic Opportunity Veterans Benefits Administration
U.S. Department of Veterans Affairs

Please Remember:

·         If you would like to review prior messages sent through this listserv, clickhttp://benefits.va.gov/vow/economic_opportunity.htm.

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·         If you are seeking employment in the federal government, particularly the VA, our VA for Vets high-tech tools and resources can help.  Visit online at http://vaforvets.va.gov/Pages/default.aspx or contact a coach at 1-855-824-8387. 

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