“Today’s veterans’ employment report from the Bureau of Labor Statistics shows promising signs that post-9/11 veterans are finding and keeping jobs in larger numbers as our overall economy continues its steady recovery. But it also makes clear that we must continue to use every tool available to honor their sacrifice by helping veterans find opportunities to succeed in good middle-class jobs.
“The report shows a significant decline in the unemployment rate for veterans overall from 8.3 percent in 2011 to 7.0 percent in 2012. Post-9/11 veterans saw an encouraging decline to 9.9 percent in 2012 from 12.1 percent in 2011. Other categories also saw improvements. Recent broad-based gains in the overall economy have helped to drive down these rates as we continue adding jobs at a steady pace, but support services that address the unique challenges faced by veterans are essential to improving upon today’s positive report.
“The Obama administration is deeply committed to ensuring the well-being of
“The Veterans’ Employment and Training Service at the Labor Department is the lead government agency dedicated to veterans’ employment. VETS serves hundreds of thousands of veterans and transitioning service members each year. In addition, programs like My Next Move for Veterans, the Transition Assistance Programs and the Veterans Gold Card provide enhanced employment services to veterans and transitioning service members, and give targeted support in education and training that will help us reduce the unnecessarily high unemployment rates among younger veterans and female veterans.
“While this morning’s report shows that we are moving in the right direction on reducing unemployment among America’s veterans, much more needs to be done to ensure that no veteran struggles to find work after serving honorably to keep us safe and secure.”