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Veterans unemployment climbs in November
The unemployment rate rose slightly for veterans in December while remaining steady for the nation as a whole.
The Labor Department reported Friday that the economy grew about 155,000 jobs in December while the national jobless rate remained 7.8 percent. However, unemployment rose for veterans of all generations.
For veterans of all generations, the December jobless rate was 7 percent, an increase from 6.6 percent in November. For post-9/11 veterans, the December rate was 10.8 percent, up from 10 percent in November.
A big discrepancy continues between Iraq- and Afghanistan-era men and women. For men in the post-9/11 generation, the December jobless rate was 9.9 percent. For women of the same generation, the jobless rate was 15.7 percent in December.
The December jobs report shows that while some jobs are being created, long-term unemployment remains a problem for many Americans. The number of people unemployed for 27 months or longer remains unchanged, at about 4.8 million people or about 40 percent of the unemployed, according to the Labor Department report.