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Veteran unemployment rate drops

March 20 2013

The unemployment rate for veterans who served on active duty in the U.S. Armed Forces at any time since September 2001 fell by 2.2 percentage points to 9.9 percent in 2012, the U.S. Bureau of Labor Statistics reported today. The jobless rate for all veterans fell by 1.3 percentage points to 7.0 percent.

One million service members will be leaving the military in the next five years, according to the National Veteran Employment Summit Report released by Monster.com.

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