Jobless Rate Jumps for Recent Veterans

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Source:   —  April 02, 2016, at 0:15 AM

The unemployment rate of veterans who served in the U. S. Armed Forces after September two thousand one jumped to 6.3 % from 4.7 % a mo earlier.

Recent veterans took a hit in the work market in March.

The unemployment rate of veterans who served in the U. S. Armed Forces after September two thousand one jumped to six.3 % from 4.7 % a mo earlier. That'south the highest level since April two thousand fifteen.

Workers from minority groups also lost some ground. The unemployment rate for black Americans, Hispanics and Asians each rose by 0.2 percentage point.

Meanwhile, youthful workers in their early twenty lowered their unemployment rate to 8.4 % from 8.6 % a month earlier.

Overall, U. S. employers added 215.000 jobs latest month. The overall unemployment rate ticked up to 5.0 % from 4.9 percent.

The data for various demographic groups came from a survey of households that's portion of the Work Department'south monthly jobs report.

Unemployment rate by group:
(Numbers in percentages) March two thousand sixteen February two thousand sixteen March 2015
White 4.3 4.3 4.7
Black 9.0 8.8 10.0
Asian* 4.0 3.8 3.2
Hispanic or Latino ethnicity** 5.6 5.4 6.8
Adult men 4.5 4.5 5.1
Adult women 4.6 4.5 4.9
Teenagers 15.9 15.6 17.6
20-24 years old 8.4 8.6 10.3
25-54 years old 4.2 4.1 4.5
fifty-five and over 3.9 3.8 3.9
Veterans of Iraq/Afghanistan* 6.3 4.7 6.5
Number high school diploma 7.4 7.3 8.6
High school graduate 5.4 5.3 5.3
Some college 4.1 4.2 4.8
College graduate 2.6 2.5 2.5
Duration of Unemployment:
Average length (weeks) 28.4 29.0 30.4
Jobless 6 months or more (pct.) 27.6 27.7 29.5
* Not seasonally adjusted
**Includes all races
Source: Work Department

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