in ,

YES! LOVE

The Unemployment Rate for Veterans Has Hit a Near Two Decade Low Thanks to President Trump!

President Donald Trump claimed on Twitter that veteran unemployment has hit an 18-year low.

From CheckYourFact.com:


“Just announced that Veterans unemployment has reached an 18 year low, really good news for our Vets and their families,” he tweeted Tuesday.

Verdict: True

The annual unemployment rate for veterans reached 3.5 percent in 2018, the lowest rate since 2000.

Fact Check:

Trump often touts low unemployment rates – for Hispanics, blacks, women – but he hasn’t mentioned veterans as frequently. The national unemployment rate stood at 3.9 percent in December, but how did veterans fare?

The Bureau of Labor Statistics (BLS) reports unemployment data for veterans monthly, but the numbers aren’t seasonally adjusted like most employment data. The agency advised The Daily Caller to analyze the annual rate over time.

On an annual basis, the unemployment rate for veterans fell to 3.5 percent in 2018, down from a post-recession peak of 8.7 percent in 2010. The only year with a lower unemployment rate was 2000 – the first year BLS started tracking veteran unemployment data.


What do you think?

10 points
Upvote Downvote

Total votes: 10

Upvotes: 10

Upvotes percentage: 100.000000%

Downvotes: 0

Downvotes percentage: 0.000000%

One Comment

Leave a Reply

Leave a Reply

Your email address will not be published. Required fields are marked *

Loading…

BREAKING: BuzzFeed Just Dropped a BOMBSHELL Story About Michael Cohen and President Trump – Here’s What Mueller’s Office Had To Say About It

Trump is Set To Make a Major Announcement About the Border Crisis This Afternoon – Here’s What We Know