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Post-9/11 vet unemployment up in March

April 7, 2017 (Photo Credit: PO2 Hunter S. Harwell/Navy)
After a significant dip in February, the unemployment rate for post-9/11 veterans ticked up again in March.

Five percent of post 9/11 veterans were unemployed in March, according to data released Friday by the U.S. Bureau of Labor Statistics. Though up slightly from 4.6 percent in February, the rate remains on par with last year’s record-low average unemployment rate for the youngest generation of veterans.

The March unemployment rate for all veterans was unchanged at 3.9 percent and decreased slightly among nonveterans to 4.4 percent.

The federal employment figures are based on a monthly Current Population Survey. Critics warn against putting too much stock in the data, however, which calculate the veteran unemployment rate from a much smaller sample size than the overall rate.

Nationally, the unemployment rate decreased to 4.5 percent in March as the U.S. added 98,000 jobs in the healthcare, mining and professional and business service industries, according to the Bureau of Labor Statistics.

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