Advertisement

Jobless rate for recent military vets fell sharply in April

May 06, 2016 02:23 PM

WASHINGTON (AP) — The unemployment rate for recent military veterans dropped sharply in April, while the rate for Hispanic workers increased.

The jobless rate for veterans who have served in the Armed Forces anytime since September 2001 was 4.1 percent in April. That's down from 6.3 percent in March and marks the lowest level since data for the group became available in September 2008.

Advertisement

In 2015, there were 3.6 million veterans who had served during Gulf War era II, according to the Bureau of Labor Statistics. Nearly half were between ages 25 and 34.

Unemployment for major demographic groups stayed relatively steady, except Hispanic or Latinos. That group's jobless rate rose to 6.1 percent in April from 5.6 percent in March.

Overall, U.S. employers added 160,000 jobs last month. The overall unemployment rate stayed at 5 percent.

The data for various demographic groups came from a survey of households that is part of the Labor Department's monthly jobs report.

Unemployment rate by group:
(Numbers in percentages)April 2016March 2016April 2015
White4.34.34.7
Black8.89.09.6
Asian*3.84.04.4
Hispanic or Latino ethnicity**6.15.66.9
Adult men4.64.55.0
Adult women4.54.64.9
Teenagers16.015.917.1
20-24 years old8.88.49.6
25-54 years old4.24.24.6
55 and over3.63.93.9
Veterans of Iraq/Afghanistan*4.16.36.9
No high school diploma7.57.48.5
High school graduate5.45.45.6
Some college4.14.14.6
College graduate2.42.62.7
Duration of Unemployment:
Average length (weeks)27.728.430.5
Jobless 6 months or more (pct.)25.727.628.7
* Not seasonally adjusted
**Includes all races
Source: Labor Department

Credits

By The Associated Press

(Copyright 2016 by The Associated Press. All Rights Reserved.)

Advertisement
Sponsored by Newsy
Advertisement