In May 2024, the veteran unemployment rate was 2.9%, down from 3.2% the previous month and up from 2.6% the prior year.


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Veteran Unemployment Rate was 2.9% in May

In May 2024, the veteran unemployment rate was 2.9%, down from 3.2% the previous month and up from 2.6% the prior year.

Source: Veterans Employment and Training Service, U.S. Department of Labor

Also in May 2024, the comparable non-veteran unemployment rate was 3.9%, up from 3.8% the previous month and up from 3.6% the prior year.

The unemployment rates are seasonally adjusted and for individuals aged 18 years and over in the civilian non-institutional population.

Annual Unemployment Rates By Gender

June 2023 – May 2024 Averaged *

Women Veterans 3.2%     Women Nonveterans 3.5%
Male Veterans 3.0%          Male Nonveterans 3.9%

Annual Unemployment Rates By Race, Hispanic Ethnicity and Veteran Status

June 2023 – May 2024 Averaged *

White Veterans 2.9%                       White Nonveterans 3.3%
Black Veterans 3.5%                        Black Nonveterans 5.7%
Asian Veterans 2.5%                        Asian Nonveterans 3.0%
Hispanic or Latino Veterans 3.4%    Hispanic or Latino Nonveterans 4.6%

Annual Unemployment Rates by Veteran Disability Status

June 2023 – May 2024 Averaged *

Veterans with a disability 5.9%     Nonveterans with a disability 7.2%
Veterans with no disability 2.7%   Nonveterans with no disability 3.5%

Looking for a job? Visit: https://www.dol.gov/vets-findajob

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