Tuesday, March 27, 2012

Unemployment Rate Among Post-9/11 Vets Still Falling

On March 21, the Bureau of Labor Statistics released its 2011 report on the unemployment situation of Veterans. Unfortunately, some news outlets and Veterans organizations have keyed on a single statistical measure—the mean (average)—that, when taken out of context, is a bit misleading. For that reason, it’s important to look at the bigger picture and note what’s actually happening: While we still have a long way to go, the unemployment rate for Post-9/11 (Gulf War II-era) Veterans is—and has been—in an overall downward trend since January 2010.

In covering the BLS report, one news headline blared, “Unemployment Rises for Afghanistan and Iraq Era Veterans.” Another called the situation “bleak.” And one Veterans organization called the report “discouraging.” But, in fact, these reactions aren’t entirely accurate. Below, charts demonstrate the reason why.

For more, here.

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