Two-thirds of veterans discharged from active duty between 1998 and 2001 were ages 18 to 34.
These young recently discharged veterans had a labor force participation rate of 84.9 percent, and an unemployment rate of 4.4 percent in August 2001. Nonveterans of the same age had a labor force participation rate of 85.7 percent, and an unemployment rate of 6.7 percent.
These data are from a special supplement to the August 2001 Current Population Survey. The supplement also collected information about veterans of the Vietnam era and other periods. Learn more in Employment Situation of Vietnam-Era Veterans, 2001 news release USDL 02-355.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Recently discharged vets and unemployment at https://www.bls.gov/opub/ted/2002/jul/wk1/art03.htm (visited September 28, 2023).