Topic: Unemployment for Young Vets: 30%, and Rising | |
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Keep in mind, this number was posted before Barry pulled them all out of Iraq.
Hey Barry. Where all dem jobs and training you promised at? Oh, you say you gave them to China and Japan? Just imagine when the surplus troops are cut loose, how high their unemployment rate will rise BTW. Not all troops came home. Many have been re-stationed in other parts of Asia. Unemployment for Young Vets: 30%, and Rising Dan Beucke on November 11, 2011 at 3:45 PM On Veterans Day in America, it’s sobering to realize just how badly the job market has turned against the men and women who fought in Iraq and Afghanistan. Their rate of unemployment was 12.1 percent in October, vs. 9 percent for the U.S. overall. But that only scratches the surface of the employment picture for vets. Dig deeper into the pages of U.S. Bureau of Labor Statistics employment data and it becomes apparent that while the job market is slowly improving for most Americans, it’s moving in the opposite direction for Gulf War II vets (defined by the BLS as those on active duty since 2001). The youngest of veterans, aged 18 to 24, had a 30.4 percent jobless rate in October, way up from 18.4 percent a year earlier. Non-veterans of the same age improved, to 15.3 percent from 16.9 percent. For some groups, the numbers can look a good deal worse: for black veterans aged 18-24, the unemployment rate is a striking 48 percent. (The BLS provided us with hundreds of pages of data beyond what’s easily found on the Internet; if you want to analyze the numbers yourself, we’ve posted them for October 2011 and for October 2010 here.) That 18-24 category only covers 320,000 veterans. I used BLS data to expand the bracket and calculate the rates for vets aged 18 to 34. Unfortunately, the trend still holds up: their jobless rate grew to 16.6 percent in October, from 12.6 percent a year earlier. For non-veteran men and women of that bracket, the jobless rate shrank, to 11.4 percent from 12.0 percent. The issue is not just that unemployment among young vets is high. It’s that if there’s even a limited jobs recovery, they are not sharing in it. “The numbers don’t lie,” says Ryan Gallucci, deputy legislative director for the Veterans of Foreign Wars in Washington. “The new veterans are going into the unemployment pile.” The “new” part is key. From age 35 on, for the most part veterans have a lower unemployment rate than non-vets. In surveys earlier this decade, veterans aged 25-34 also did well. The BLS released figures in 2005 that showed veterans in that age group with a lower unemployment rate than their peers (just 3.8 percent vs. 5.0 percent.) For 2008, the rate for vets 25-34 was just a shade above that for those who hadn’t served in the military. Now for that group it’s 11.7 percent, well above the 9.2 percent rate for non-veterans. What might be most worrying is that what’s happening with younger vets looks like a leading indicator: the cohort of veterans now entering the work force in the midst of the economic malaise may point to a future in which veterans are falling behind their peers. Why would someone coming out of military service have a harder time finding a job? |
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I reckon, it's not as important as playing golf, vacationing or running around the country campaigning for the next election.
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or resting, or spending time with family, or any of the other off the clock time that normal people get to have in their lives,,,
how dare he,,,,, |
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Is the president of the USA really ever "off the clock?" He wanted the job, he knew what it entailed. Sorry, but I tend to hold the POTUS to a higher standard than simply "the average Joe."
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Is the president of the USA really ever "off the clock?" He wanted the job, he knew what it entailed. Sorry, but I tend to hold the POTUS to a higher standard than simply "the average Joe." Some folks don't understand that his as well as, military jobs, are salary and on call 24/7. If, he were getting paid by the hour, he'd owe us trillions. |
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Why would someone coming out of military service have a harder time finding a job? Because 1) the military doesn't do much in the way of real job training-it's just make-work. 2) spending time in the military takes time away from people who would otherwise be gaining valuable work experience, putting them well behind competitors 3) vets are, sadly, much more likely to have psychological disorders and other disabilities than average workers 4) The government, in conjunction with the FED has been busy destroying jobs for well over a decade |
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I have a funny suspicion, Progressives really believe Hussein is creating jobs.
Vets won't get enough unemployment to sustain themselves, much less a family. I 'PREDICT', we will see a rise in young vet divorces, crime and a rise in prison populations. I know it doesn't sound 'POSITIVE' but, I see it as a reality. |
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Keep in mind, this number was posted before Barry pulled them all out of Iraq. Hey Barry. Where all dem jobs and training you promised at? Oh, you say you gave them to China and Japan? Just imagine when the surplus troops are cut loose, how high their unemployment rate will rise BTW. Not all troops came home. Many have been re-stationed in other parts of Asia. Unemployment for Young Vets: 30%, and Rising Dan Beucke on November 11, 2011 at 3:45 PM On Veterans Day in America, it’s sobering to realize just how badly the job market has turned against the men and women who fought in Iraq and Afghanistan. Their rate of unemployment was 12.1 percent in October, vs. 9 percent for the U.S. overall. But that only scratches the surface of the employment picture for vets. Dig deeper into the pages of U.S. Bureau of Labor Statistics employment data and it becomes apparent that while the job market is slowly improving for most Americans, it’s moving in the opposite direction for Gulf War II vets (defined by the BLS as those on active duty since 2001). The youngest of veterans, aged 18 to 24, had a 30.4 percent jobless rate in October, way up from 18.4 percent a year earlier. Non-veterans of the same age improved, to 15.3 percent from 16.9 percent. For some groups, the numbers can look a good deal worse: for black veterans aged 18-24, the unemployment rate is a striking 48 percent. (The BLS provided us with hundreds of pages of data beyond what’s easily found on the Internet; if you want to analyze the numbers yourself, we’ve posted them for October 2011 and for October 2010 here.) That 18-24 category only covers 320,000 veterans. I used BLS data to expand the bracket and calculate the rates for vets aged 18 to 34. Unfortunately, the trend still holds up: their jobless rate grew to 16.6 percent in October, from 12.6 percent a year earlier. For non-veteran men and women of that bracket, the jobless rate shrank, to 11.4 percent from 12.0 percent. The issue is not just that unemployment among young vets is high. It’s that if there’s even a limited jobs recovery, they are not sharing in it. “The numbers don’t lie,” says Ryan Gallucci, deputy legislative director for the Veterans of Foreign Wars in Washington. “The new veterans are going into the unemployment pile.” The “new” part is key. From age 35 on, for the most part veterans have a lower unemployment rate than non-vets. In surveys earlier this decade, veterans aged 25-34 also did well. The BLS released figures in 2005 that showed veterans in that age group with a lower unemployment rate than their peers (just 3.8 percent vs. 5.0 percent.) For 2008, the rate for vets 25-34 was just a shade above that for those who hadn’t served in the military. Now for that group it’s 11.7 percent, well above the 9.2 percent rate for non-veterans. What might be most worrying is that what’s happening with younger vets looks like a leading indicator: the cohort of veterans now entering the work force in the midst of the economic malaise may point to a future in which veterans are falling behind their peers. Why would someone coming out of military service have a harder time finding a job? Wonder if he has given it some thought what they all would do for a living! |
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Keep in mind, this number was posted before Barry pulled them all out of Iraq. Hey Barry. Where all dem jobs and training you promised at? Oh, you say you gave them to China and Japan? Just imagine when the surplus troops are cut loose, how high their unemployment rate will rise BTW. Not all troops came home. Many have been re-stationed in other parts of Asia. Unemployment for Young Vets: 30%, and Rising Dan Beucke on November 11, 2011 at 3:45 PM On Veterans Day in America, it’s sobering to realize just how badly the job market has turned against the men and women who fought in Iraq and Afghanistan. Their rate of unemployment was 12.1 percent in October, vs. 9 percent for the U.S. overall. But that only scratches the surface of the employment picture for vets. Dig deeper into the pages of U.S. Bureau of Labor Statistics employment data and it becomes apparent that while the job market is slowly improving for most Americans, it’s moving in the opposite direction for Gulf War II vets (defined by the BLS as those on active duty since 2001). The youngest of veterans, aged 18 to 24, had a 30.4 percent jobless rate in October, way up from 18.4 percent a year earlier. Non-veterans of the same age improved, to 15.3 percent from 16.9 percent. For some groups, the numbers can look a good deal worse: for black veterans aged 18-24, the unemployment rate is a striking 48 percent. (The BLS provided us with hundreds of pages of data beyond what’s easily found on the Internet; if you want to analyze the numbers yourself, we’ve posted them for October 2011 and for October 2010 here.) That 18-24 category only covers 320,000 veterans. I used BLS data to expand the bracket and calculate the rates for vets aged 18 to 34. Unfortunately, the trend still holds up: their jobless rate grew to 16.6 percent in October, from 12.6 percent a year earlier. For non-veteran men and women of that bracket, the jobless rate shrank, to 11.4 percent from 12.0 percent. The issue is not just that unemployment among young vets is high. It’s that if there’s even a limited jobs recovery, they are not sharing in it. “The numbers don’t lie,” says Ryan Gallucci, deputy legislative director for the Veterans of Foreign Wars in Washington. “The new veterans are going into the unemployment pile.” The “new” part is key. From age 35 on, for the most part veterans have a lower unemployment rate than non-vets. In surveys earlier this decade, veterans aged 25-34 also did well. The BLS released figures in 2005 that showed veterans in that age group with a lower unemployment rate than their peers (just 3.8 percent vs. 5.0 percent.) For 2008, the rate for vets 25-34 was just a shade above that for those who hadn’t served in the military. Now for that group it’s 11.7 percent, well above the 9.2 percent rate for non-veterans. What might be most worrying is that what’s happening with younger vets looks like a leading indicator: the cohort of veterans now entering the work force in the midst of the economic malaise may point to a future in which veterans are falling behind their peers. Why would someone coming out of military service have a harder time finding a job? Wonder if he has given it some thought what they all would do for a living! Raw milk...... ![]() Hello stranger!! ![]() |
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Edited by
Peccy
on
Mon 01/09/12 10:59 AM
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Keep in mind, this number was posted before Barry pulled them all out of Iraq. Hey Barry. Where all dem jobs and training you promised at? Oh, you say you gave them to China and Japan? Just imagine when the surplus troops are cut loose, how high their unemployment rate will rise BTW. Not all troops came home. Many have been re-stationed in other parts of Asia. Unemployment for Young Vets: 30%, and Rising Dan Beucke on November 11, 2011 at 3:45 PM On Veterans Day in America, it’s sobering to realize just how badly the job market has turned against the men and women who fought in Iraq and Afghanistan. Their rate of unemployment was 12.1 percent in October, vs. 9 percent for the U.S. overall. But that only scratches the surface of the employment picture for vets. Dig deeper into the pages of U.S. Bureau of Labor Statistics employment data and it becomes apparent that while the job market is slowly improving for most Americans, it’s moving in the opposite direction for Gulf War II vets (defined by the BLS as those on active duty since 2001). The youngest of veterans, aged 18 to 24, had a 30.4 percent jobless rate in October, way up from 18.4 percent a year earlier. Non-veterans of the same age improved, to 15.3 percent from 16.9 percent. For some groups, the numbers can look a good deal worse: for black veterans aged 18-24, the unemployment rate is a striking 48 percent. (The BLS provided us with hundreds of pages of data beyond what’s easily found on the Internet; if you want to analyze the numbers yourself, we’ve posted them for October 2011 and for October 2010 here.) That 18-24 category only covers 320,000 veterans. I used BLS data to expand the bracket and calculate the rates for vets aged 18 to 34. Unfortunately, the trend still holds up: their jobless rate grew to 16.6 percent in October, from 12.6 percent a year earlier. For non-veteran men and women of that bracket, the jobless rate shrank, to 11.4 percent from 12.0 percent. The issue is not just that unemployment among young vets is high. It’s that if there’s even a limited jobs recovery, they are not sharing in it. “The numbers don’t lie,” says Ryan Gallucci, deputy legislative director for the Veterans of Foreign Wars in Washington. “The new veterans are going into the unemployment pile.” The “new” part is key. From age 35 on, for the most part veterans have a lower unemployment rate than non-vets. In surveys earlier this decade, veterans aged 25-34 also did well. The BLS released figures in 2005 that showed veterans in that age group with a lower unemployment rate than their peers (just 3.8 percent vs. 5.0 percent.) For 2008, the rate for vets 25-34 was just a shade above that for those who hadn’t served in the military. Now for that group it’s 11.7 percent, well above the 9.2 percent rate for non-veterans. What might be most worrying is that what’s happening with younger vets looks like a leading indicator: the cohort of veterans now entering the work force in the midst of the economic malaise may point to a future in which veterans are falling behind their peers. Why would someone coming out of military service have a harder time finding a job? Wonder if he has given it some thought what they all would do for a living! ![]() |
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