Vet Job Prospects Are Bright Unless You’re a Woman

Today in the US, it’s Veteran’s Day. And it brings some of the best job news for veterans in years.

From an unemployment rate that at one time reached 15.2%, young vets — those who served in the military after 9/11 — today have an unemployment rate of 3.5%, just slightly than the overall national rate of 3.3%. The rate for all veterans is even lower at 3.0%.

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That’s a remarkable improvement since hitting that unemployment high eight years ago. Then, despite an employment picture that was brightening in the aftermath of the Great Recession, veterans of what’s called the Gulf War II era were sinking into ever deeper unemployment. The situation was so dire the government began to offer tax credits for hiring ex-military. Employers joined together in initiatives to hire veterans. And the military stepped up its career counseling programs for soon-to-be discharged service men and women. Veterans themselves felt unprepared for civilian jobs.

A survey released last week by the Pew Research Center found veterans credit their military service with helping them find their first job after being discharged. Among those who served post-9/11, 35% said it helped a lot and 26% say it helped a little. In fact, among those vets who looked for a job after discharge, 57% found one in less than six months; another 21% had one within a year.
That doesn’t necessarily mean making the transition from military to civilian life was easy. Pew research found 35% of all veterans say they had trouble paying their bills for a few years after discharge; 28% say they received unemployment compensation.
However there is troubling news. Women Gulf War II veterans haven’t fared as well as the men. Those women vets have an unemployment rate nearly 4 times that of their male counterparts. The Bureau of Labor Statistics last week reported a 9.5% unemployment rate for women Gulf War II veterans; the men’s rate was 2.5%.
Over the last five years, as the unemployment rate for young male vets has been generally declining, the rate for the women has erratically bounced from a high of 11.4% to a low of 1.2% in January of this year. Since then, it has been trending up. It’s unclear at this point just why.

John Zappe is the editor of TLNT.com and a contributing editor of ERE.net. John was a newspaper reporter and editor until his geek gene lead him to launch his first website in 1994. He developed and managed online newspaper employment sites and sold advertising services to recruiters and employers. Before joining ERE Media in 2006, John was a senior consultant and analyst with Advanced Interactive Media and previously was Vice President of Digital Media for the Los Angeles Newspaper Group.

Besides writing for ERE, John consults with staffing firms and employment agencies, providing content and managing their social media programs. He also works with organizations and businesses to assist with audience development and marketing. In his spare time  he can be found hiking in the California mountains or competing in canine agility and obedience competitions.

You can contact him here.

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