Friday, October 25, 2013

Veterans Jobs Report Numbers For The 3rd Quarter

Fellow Colleagues and Veterans,

 

Typically we send out the latest BLS statistics the first Friday of the month … however many of us at VA and Department of Labor were involved in the government shutdown. As a result, BLS didn't release the September 2013 and 3rd Quarter data until on their regular schedule. As you can see from the table below, for the month of September the National unemployment rate decreased slightly to 7.2%, while Veteran unemployment increased slightly to 6.5%. We've attached our monthly and quarterly 'cheat sheets' for your convenience and use.

 

 

Cohort (% of total)

Rate

Change

National

7.3%

-0.1%

     >27 Weeks

 

 

All Veterans (100%)

6.2%

-0.2%

     Male

6.0%

-0.4%

     Female

7.7%

1.1%

Post-9/11 Veterans (34%)

10.0%

2.3%

     Male

9.9%

2.2%

     Female

10.3%

2.6%

18-24 Veterans* (4%)

18.4%

1.0%

     Male

22.4%

2.0%

     Female**

9.8%

1.5%

25-34 Veterans (22%)

10.7%

3.9%

     Male

10.2%

3.6%

     Female

12.4%

4.6%

35-44 Veterans (18%)

6.1%

-0.3%

     Male

5.6%

-0.5%

     Female

8.9%

1.1%

45-54 Veterans (20%)

4.7%

-1.0%

     Male

4.3%

-1.1%

     Female

7.1%

-0.4%

55+ Veterans (36%)

5.4%

-1.0%

     Male

5.6%

-1.1%

     Female

2.9%

-0.1%

 

 

The quarterly BLS data was also released today, and because the BLS data is not seasonally adjusted, it is often best to compare data to prior years during the same time period, so below you will find a comparison of the 3rd quarter data going back each year to 2010.

 

 

Quarter

All Veterans

3Q-2010

8.4%

3Q-2011

8.1%

3Q-2012

6.7%

3Q-2013

6.4%

 

 

 




--


 

 Sean Eagan


 Life Member VFW NY Post 53
 American Cold War Veterans, Inc.
Web: http://americancoldwarvets.org/
Blog: Cold War Veterans Blog
Email: Sean.Eagan@gmail.com
Phone:  716 720-4000 
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