Veterans unemployment matched its lowest levels of the pandemic in February

While this is great news. When unemployment falls below the level considered to be full employment that can cause inflation

SFC Joe S. Davis Jr., MSM, DSL
..."Nationally, the unemployment rate declined for the fourth consecutive month in August, to 5.2 percent. Despite the improvement, that figure still sits well above pre-pandemic monthly jobless rates of around 3.5 percent.

BLS officials said that so far in 2021, the U.S. economy has averaged about 586,000 new jobs a month.

Veterans unemployment rates generally outpace civilian sector figures, although not typically by a gap as large as the August numbers.

In the 38 months before the pandemic began, the veterans monthly jobless rate was more than 1 percentage point different from the national rate only twice. In the 17 months since coronavirus impacts, the veterans rate has bettered the overall U.S. estimate by more than 1 percentage point 13 times.

Veterans of the Iraq and Afghanistan wars era saw the biggest job improvements in April, posting a 3.1 percent unemployment rate, the lowest for that group since December 2019."...