Unemployment Rate - Veterans, Other Service Periods, 18 Years and over
LNU04049586 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.80
Year-over-Year Change
26.67%
Date Range
5/1/2006 - 7/1/2025
Summary
Tracks unemployment rates for veterans across different service periods. Provides critical insight into labor market challenges faced by military veterans.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This economic indicator measures joblessness among veterans aged 18 and older. It reflects veterans' employment integration after military service.
Methodology
Data collected through monthly Current Population Survey by Bureau of Labor Statistics.
Historical Context
Used by policymakers to assess veteran employment support and labor market effectiveness.
Key Facts
- Reflects post-service employment challenges
- Indicates economic reintegration of veterans
- Helps target veteran employment programs
FAQs
Q: How does veteran unemployment differ from civilian unemployment?
A: Veterans often face unique employment challenges due to skills translation and transition difficulties.
Q: What factors impact veteran unemployment rates?
A: Military experience, skill transferability, and transition support significantly influence employment outcomes.
Q: How frequently is this data updated?
A: Monthly updates provide current snapshot of veteran employment trends.
Q: Why is veteran unemployment important?
A: Indicates economic health and successful reintegration of military personnel into civilian workforce.
Q: Can this data help veterans find jobs?
A: Helps policymakers and organizations develop targeted employment support strategies.
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Citation
U.S. Federal Reserve, Unemployment Rate - Veterans, Other Service Periods, 18 Years and over (LNU04049586), retrieved from FRED.