SHARE OF THE DAY
Veterans unemployment is at historic lows. Can it last?
By Leo Shane III
May 8, 01:25 PM
A customer walks by a hiring sign at a Nordstrom store in Coral Gables, Fla., on May 21, 2021. (Marta Lavandier/AP)
Years of focus on finding post-military jobs for service members have helped push the veterans unemployment rate to historic lows. Now, the biggest obstacle to veterans finding jobs may be Congress itself, if the debt-ceiling budget fight leads to a gut-punch for the U.S. economy.
Officials from the Bureau of Labor Statistics announced on Friday that the veterans employment rate fell to 2.1% in April, the lowest mark since the start of 2000, when the agency began tracking monthly unemployment for the group.
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