Jobless rate for recent military vets fell sharply in April

AP News
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Posted: May 06, 2016 1:42 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.

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 2016 March 2016 April 2015
White 4.3 4.3 4.7
Black 8.8 9.0 9.6
Asian* 3.8 4.0 4.4
Hispanic or Latino ethnicity** 6.1 5.6 6.9
Adult men 4.6 4.5 5.0
Adult women 4.5 4.6 4.9
Teenagers 16.0 15.9 17.1
20-24 years old 8.8 8.4 9.6
25-54 years old 4.2 4.2 4.6
55 and over 3.6 3.9 3.9
Veterans of Iraq/Afghanistan* 4.1 6.3 6.9
No high school diploma 7.5 7.4 8.5
High school graduate 5.4 5.4 5.6
Some college 4.1 4.1 4.6
College graduate 2.4 2.6 2.7
Duration of Unemployment:
Average length (weeks) 27.7 28.4 30.5
Jobless 6 months or more (pct.) 25.7 27.6 28.7
* Not seasonally adjusted
**Includes all races
Source: Labor Department