Iraq Veterans Face Higher Jobless Rates

February 5th, 2010 admin
Share/Save/Bookmark

Add To Delicious Digg This post Stumble this post
Topics:

This had been a tough recession for veterans of the latest war in Iraq. For the first time Friday, the Labor Department started breaking out data on how veterans are faring in its monthly employment report. The picture isn’t pretty for those who participated in the most recent Gulf War: Their unemployment rate stood at 12.6% in January, compared to 9.7% for the general population. A large part of the divergence could be explained by the age of veterans of the second Gulf War: They tend to be in their late teens and early twenties, a group in which unemployment…


Originally posted on WSJ

 
  Related Posts
Job Market for Youth Still Looks Bleak
The labor market for young college graduates improved last month, but for youths in general the job market still looks bleak. The unemployment rate for college graduates between 20 and 24-years-old fell to 8.5% in February from 9.3% a month earlier as those with more education continue to fare better in a tough labor market than those with less.... 
Economists React: Jobs Report Has More Good Than Bad
Economists and others weigh in on the decline in the unemployment rate amid continued job cuts . The fall in the unemployment rate was a legitimately good move. It was not driven, as it sometimes is, by labor force dropouts. The labor force rose noticeably, but the household gauge of employment jumped by even more. Controlling for the one-off downward... 
Personal Bankruptcies Resume Upward Trend
Personal bankruptcy filings were back on the upswing in February after dipping the prior month. There were 111,693 consumer bankruptcy filings last month, up 9% from January, the American Bankruptcy Institute said Tuesday based on data from the National Bankruptcy Research Center . The increase comes after filings fell 10% in January. The report... 
Don’t Expect the Unemployment-Rate Decline to Last
Among the surprises in Friday’s government jobs report: Unemployment fell sharply in January to 9.7% from 10%. The jobless rate rose as high as 10.1% in October. But it’s most likely to move higher, not lower, in the coming months. The Labor Department estimates the unemployment rate from a survey of households, separate from the survey... 
Fed’s Kohn: Banks Need to Prepare for Higher Rates
Fed’s Kohn: Banks Need to Prepare for Higher Rates
The Federal Reserve ’s number-two official issued a stern warning to investors, banks and other financial institutions Friday: Don’t be complacent, interest rates are going up at some point and it will cause new market turmoil if you’re not prepared. Kohn “We are in uncharted waters for monetary policy and the financial markets,”... 
Mall developer offers $10 billion for rival
Mall developer offers $10 billion for rival
Mall owner Simon Property Group is making a $10 billion offer to acquire its ailing rival, General Growth Properties. Simon Property Group – General Growth Properties – Real estate – Business and Economy – Business  Read More →
Joblessness Across the U.S.: December Unemployment Rates by State
Joblessness Across the U.S.: December Unemployment Rates by State
See a full interactive graphic. Just four states recorded a drop in the unemployment rate for December, indicating that though the labor market continues to inch toward stabilization widespread job growth still hasn’t arrived. Earlier this month, the Labor Department reported that the unemployment for the nation as a whole held steady at... 
Jobless benefits start ending on Sunday
Depending on extended unemployment benefits to see you through the Great Recession?  Read More →
After the Tape: ISM Suggests 2010 Momentum, Job Growth
Note: This column, which originally ran as the Ahead of the Tape , has been updated with the actual figures. Friday’s report of 5.7% growth by the U.S. economy in the fourth quarter was a glimpse of what a strong recovery looks like. With unemployment still high, though, many saw the surge as a hollow victory. This week, three economic barometers... 
Long-term unemployed still wait for recovery to arrive
The unemployment rate fell to 9.7%. in January, but 6.3 million people 41.2%. of the unemployed have gone without jobs at …  Read More →
  Related Tweets from Twitter
Barack_On_Blast (Onyx Powers)  : European Commission Backs Ban Of Derivative Swaps http://tinyurl.com/y9tkn7a #wallst #euro #greece #investor #banks #cnbc #bloomberg #wsj..
Updated : 2010-03-10T18:07:55Z   |  Reply  |  View Tweet
chechom (Sergio Montesinos)  : RT @WSJ: In this Afghanistan, the blood is fake: U.S. military turns to a special-effects company for training http://on.wsj.com/9X8g09..
Updated : 2010-03-10T18:07:44Z   |  Reply  |  View Tweet
davidfolkenflik (David Folkenflik)  : @bobbymacReports At the time, that fee was in line w WSJ editorial page line against minimum wage...
Updated : 2010-03-10T18:07:40Z   |  Reply  |  View Tweet
CB_LongIsland (CB Long Island)  : Apps- one reason why mobile devices impact the real estate industry: READ: WSJ.com -Home Buyers Check Out Apps http://on.wsj.com/bWZdWH..
Updated : 2010-03-10T18:06:41Z   |  Reply  |  View Tweet
jeffnolan (Jeff Nolan)  : WSJ: Lessons from a Dow Decade: A year ago yesterday, the world almost ended. The stock market was in ... http://bit.ly/bYWGRp via GReader..
Updated : 2010-03-10T18:06:32Z   |  Reply  |  View Tweet
  Related News from Digg
No comments yet.

Spam Protection by WP-SpamFree

TOP