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1.
Demographic Category November
December Change Annual 2022 2022 (+/–) Averages 2022 18–24 7.0 7.3 +0.3 7.8 25-34 3.8 3.6 -0.2 3.9 35-44 2.5 2.4 -0.1 3.0 45-54 2.4 2.2 -0.2 2.4 55-64 2.0 2.3 +0.3 2.6 65andolder 3.0 2.7 -0.3 2.9 Male 3.3 3.3 0.0 3.7 Female 3.3 3.1 -0.2 3.5 White,Anglo,Caucasian 2.9 2.8 -0.1 3.2 Black orAfricanAmerican 5.5 5.2 -0.3 6.1 Hispanic,Latino/a,orSpanishOrigin 3.5 4.1 +0.6 4.1 Asian orAsianAmerican 2.5 2.1 -0.4 2.8 Demographic Category November December Change Annual 2022 2022 (+/–) Averages 2022 18–24 11.6 13.6 +2.0 8.8 25-34 2.9 3.9 +1.0 4.0 35-44 1.8 1.7 -0.1 2.3 45-54 3.0 2.5 -0.5 2.2 55-64 1.7 3.3 +1.6 2.3 65 and older 3.8 4.1 +0.3 3.7 Male 2.9 3.5 +0.6 2.8 Female 1.8 1.7 -0.1 2.8 White,Anglo, Caucasian 2.6 3.0 +0.4 2.5 Black orAfricanAmerican 3.0 4.5 +1.5 3.9 Hispanic, Latino/a, or Spanish Origin 2.1 3.0 +0.9 3.3 Asian orAsianAmerican 3.2 2.9 -0.3 3.7 UNEMPLOYMENTRATES FOR: November December Change Annual 2022 2022 (+/–) Averages 2022 AllAmericans (18 and over) 3.2 3.2 0.0 3.5 AllVeterans 2.8 3.2 +0.4 2.8 Post-9/11Veterans 3.0 3.0 0.0 3.1 Gulf-War I EraVeterans 2.0 3.1 +1.1 2.1 WWII, KoreanWar andVietnam Era 4.6 3.6 -1.0 3.9 All Nonveterans 3.3 3.2 -0.1 3.6 Demographic Category November December Change Annual 2022 2022 (+/–) Averages 2022 18–24 11.6 13.6 +2.0 8.8 25-34 2.9 3.9 +1.0 4.0 35-44 2.2 1.4 -0.8 2.3 45-54 2.6 1.4 -1.2 1.8 55-64 1.8 3.3 +1.5 2.5 65 and older 7.4 7.0 - 1.6 Male 3.3 3.3 0.0 3.1 Female 2.0 1.9 -0.1 2.9 White,Anglo, Caucasian 2.9 3.0 +0.1 2.9 Black orAfricanAmerican 3.3 4.1 +0.8 3.7 Hispanic, Latino/a, or Spanish Origin 2.6 4.5 +1.9 4.1 Asian orAsianAmerican 5.9 - - 4.1 Demographics &Trends The following tables summarize the employment situation of veterans inAmerica based on BLS data released onJanuary 6, 2023.These are unpublished data from the Current Population Survey, not seasonally adjusted, and represent the period ending December 2022. UNEMPLOYMENTRATES FORVETERANS UNEMPLOYMENTRATES FOR POST-9/11VETERANS UNEMPLOYMENTRATES FOR NONVETERANS The Employment Situation ofVeterans DECEMBER 2022 NOTE:AlthoughtheBLS reports thenationalaverageforthose16andover,thetablesaboveincludeonlythosethatare18andovertomakeamoreaccuratecomparison totheveteranpopulation.Post-9/11 areoftheGulfWarEraII(September2001-present).OtherperiodsofserviceincludeGulfWarEraI(August1990-August2001), VietnamEra(August 1964-April 1975),KoreanWar(July1950-January1955),WorldWarII(December1941-December1946).Veteranswhoservedinmorethanone wartimeperiodareclassifiedonlyinthemostrecentone.Veteranswhoservedduringoneoftheselectedwartimeperiodsandanotherpeacetimeperiodareclassifiedonly inthewartimeperiod.Theminority-by-genderunemploymentratesarenotdisplayedduetosmallsamplesizeandaremoreappropriatelydisplayedasannualaverages. ivmf.syracuse.edu 1.9.23 OnJanuary6th,theBureauofLaborStatistics(BLS)reportedemployment increasedby223,000inDecember,andtheunemploymentrateedgeddown to3.5percent.Notablejobgainsoccurredinleisureandhospitality,healthcare, construction,andsocialassistance.1 Forveterans,unemploymentincreasedfrom 2.8percentto3.2percentinDecember.Post-9/11veteranunemployment remainedunchangedat3.0percent.Theoverallunemploymenttrendvariesby differentveterandemographicfactors,however,somemorethanothers. Withrespecttoage,theunemploymentrateforveteransages18-24increased inDecember,from11.6percentto13.6percent.Theunemploymentratefor veteransages25-34increasedfrom2.9percentto3.9percent.Duringthisperiod, veteransages18-24wereunemployedatahigherratethantheirnonveteran peersofthesameagegroup(7.3percent).Veterans25-34wereunemployedat ahigherratethantheirnonveteranpeersofthesameagegroup(3.6percent).The unemploymentrateforveteransages65andolderincreasedinDecember,from3.8 percentto4.1percent.Veteransages65andolderwereunemployedatahigherrate thantheirnonveteranpeersofthesameagegroupinDecember(2.7percent). TheunemploymentrateforfemaleveteransdecreasedinDecember,from1.8 percentto1.7percent.Bycomparison,femalenonveteranshaveanunemployment rateof3.1percent.TheunemploymentrateformaleveteransincreasedinDecember from2.9percentto3.5percent.Bycomparison,malenonveteranshavean unemploymentrateof3.3percent. TheunemploymentrateforBlackorAfricanAmericanveteransincreasedfrom 3.0percentto4.5percentinDecember.Thisrateislowerthantheunemployment rateoftheirnonveterancounterparts(5.2percent).Theunemploymentrate forHispanic,Latino/a,orSpanishOriginveteransincreasedfrom2.1percentto 3.0percentinDecember.Thisrateislowerthantheunemploymentrateoftheir nonveterancounterparts(4.1percent).Readersshouldbecautioned,however,that dataonspecificveteransubgroupscanvarywidelyfrommonthtomonth. Overview 1. https://www.bls.gov/news.release/empsit.nr0.htm
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