More Iraq and Afghanistan vets have jobs than ever before
WASHINGTON -- The number of veterans from the Iraq and Afghanistan war eras who have found post-military jobs topped 2 million for the first time last month, according to the Bureau of Labor Statistics.
The monthly employment report also showed the number of veterans from any era working in America today rose above 11 million in March, the first time it has reached that mark since August 2009.
The unemployment rate for both groups was virtually unchanged from February. The percentage of all veterans receiving jobless benefits rose slightly from 6.9% to 7.1% in March, and the percentage of unemployed Iraq and Afghanistan era veterans dropped slightly from 9.4% to 9.2% in March.
Roughly 780,000 veterans are still unable to find work, according to the bureau.
The national unemployment rate dropped to 7.6 percent in March, but analysts expressed concern that the national economy only added 88,000 jobs last month. The March report is the first since the start of sequestration, $85 billion in mandatory agency spending cuts for the rest of the fiscal year.
Pentagon and White House officials have said for more than a year that the deep cuts will have devastating effects on the economy, hurting job growth and forcing furloughs among government workers.