Private Client Specific Docs

Hiring Veterans Military Spouses

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Few Stats Source: Bureau of Labor Statistics, Employment Situation of Veterans Summary, April 2022 Veterans in the US Workplace 2 • 18.5M men and women were veterans, accounting for about 7.5% of the civilian noninstitutional population age 18 and over. • Of all veterans, about 1 in 10 were women • Unemployment rate for all veterans (4.4%) was lower than the rate for nonveterans (5.3%) – Unemployment decreased to 4.4% for male veterans and to 4.2% for female veterans • Almost all veterans 25 years and older graduated from high school, and more than one-third completed at least some college or received an associate degree. • Among the 386,000 unemployed veterans: – 5% were ages 18 to 24 – 56% were ages 25 to 54 – 39% were age 55 and over • 27% had a service-connected disability and the unemployment rate for this group declined by 2.8% to 3.4%. Many worked in the public sector: 27% of employed veterans with a service-connected disability worked in federal, state, or local government In 2021: Almost all veterans 25 years and older graduated from high school, and more than one-third completed at least some college or received an associate degree.

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