Unemployment Rate - Veterans, Vietnam-Era and Earlier Wartime Periods, 18 Years and over
LNU04077884 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.30
Year-over-Year Change
-8.62%
Date Range
9/1/2008 - 7/1/2025
Summary
The Unemployment Rate for Veterans of Vietnam-Era and Earlier Wartime Periods measures the jobless rate for U.S. adults aged 18 and older who served in the military during wartime prior to the Gulf War era. This data provides insights into the labor market experiences of this specific veteran demographic.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This monthly economic indicator tracks the unemployment rate for U.S. civilians aged 18 and over who served in the military during wartime periods before the Gulf War. It offers a detailed perspective on the employment challenges faced by this group of veterans compared to the overall civilian population.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
The unemployment rate for this veteran cohort is closely monitored by policymakers and economists to assess the efficacy of programs and policies supporting the transition to civilian employment.
Key Facts
- The data is released monthly by the U.S. Bureau of Labor Statistics.
- The unemployment rate for this veteran group has historically been higher than the overall civilian rate.
- Policymakers use this data to evaluate the effectiveness of veteran employment programs.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the unemployment rate for U.S. adults aged 18 and older who served in the military during wartime periods prior to the Gulf War era.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the unique labor market challenges faced by this specific veteran demographic, informing policy decisions and program evaluations.
Q: How is this data collected or calculated?
A: The data is collected through the monthly Current Population Survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this unemployment rate to assess the effectiveness of programs and policies supporting the transition of this veteran cohort to civilian employment.
Q: Are there update delays or limitations?
A: The data is released monthly by the U.S. Bureau of Labor Statistics with no significant delays or limitations.
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Citation
U.S. Federal Reserve, Unemployment Rate - Veterans, Vietnam-Era and Earlier Wartime Periods, 18 Years and over (LNU04077884), retrieved from FRED.