7 Temmuz 2012 Cumartesi

Big Dip in Veterans Unemployment in June 2012

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Big dip in unemployment rate for young veterans
Jul 6, 2012 - The jobless rate for Iraq and Afghanistan veterans fell dramatically in June despite an overall economy that produced few jobs and left the national unemployed rate unchanged.

The unemployment rate for Iraq- and Afghanistan-era veterans fell to 9.5 percent, down from 12.7 percent the previous month and from 13.3 percent in June 2011, according to the employment situation report released Friday by the Labor Department’s Bureau of Labor Statistics.

For veterans of all generations, the June jobless rate was 7.4 percent, a slight improvement over the 7.8 percent rate for May.

The national unemployment rate remains 8.2 percent in a sour economy that produced just 80,000 jobs last month.

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More programs are coming.

More than 25,000 unemployed veterans, aged 35 to 60, have signed up to take part in the first phase of a two-year job training program, the Veterans Reemployment Assistance Program or VRAP, that provides one year of monthly GI Bill benefits to those enrolled in education or vocational training programs that should qualify them at the end for a job in a high-demand skills.

There is still room in the program, which can sign up 45,000 veterans now and another 54,000 veterans beginning in October. read more>>>

No matter what group takes a dip in employment, especially these veterans and this past decade plus though, be they veterans, manufacturing, even lower wage, and shouldn't be, service sector employee's, across the economic job sectors, brings with the ability to boost their communities needs. Thus real business personal hire with the rise in those needs, unlike the reagan capitalist, who are supposed to according to their new capitalist mantra, continue hoarding any monetary gains and force the workers they have to work harder while complaining, or are used by the media and those of same ideology in same, they don't know what Washington will do so they don't hire in their business needs until frankly it might be to late and they've lost customers or services etc..


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