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Veterans' overall unemployment rate lower than that of nonveterans.


A U.S. Department of Labor survey has found that the overall veterans' unemployment rate is lower than that of nonveterans. The Bureau of Labor Statistics' Biennial biennial, plant requiring two years to complete its life cycle, as distinguished from an annual or a perennial. In the first year a biennial usually produces a rosette of leaves (e.g., the cabbage) and a fleshy root, which acts as a food reserve over the winter.  Employment Situation of Veterans survey found, however, that there is one age group of veterans--20-to-24-year-olds --where the unemployment rate is higher than that of nonveterans of the same age group.

In August 2005, those veterans had an unemployment rate of 18.7 percent compared with their nonveteran counterparts. For all of 2005, the annual rate was 15.6 percent for 20-to-24-year-old veterans, compared with 8.7 percent for nonveterans in that age group.

The Department of Labor says it has undertaken several initiatives to address the situation. These include conducting transition assistance employment workshops for members of the military who are scheduled for discharge To liberate or free; to terminate or extinguish. A discharge is the act or instrument by which a contract or agreement is ended. A mortgage is discharged if it has been carried out to the full extent originally contemplated or terminated prior to total execution.  and collaborating with the Department of Veterans Affairs Veterans Affairs is a term of the business that deals with the relation between a government and its veteran communities, usually administered by the designated government agency.  on a survey of young veterans to gain a better understanding of the reasons for this higher rate.
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Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:DAV Magazine
Date:Jul 1, 2006
Words:157
Previous Article:VA reaches out to veterans on disability benefits.(Department of Veterans Affairs)(Brief article)
Next Article:Benefits panel nixes SSDI, VA compensation offset.(Social Security Disability Insurance)(Brief article)
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