Vets jobless rate spikes in August, but experts note positive trends

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Vets jobless rate spikes in August, but experts note positive trends
By Leo Shane III
Friday, Sep 1
A hiring sign is displayed at a restaurant in Rolling Meadows, Ill., on Dec. 27, 2022. (Nam Y. Huh/AP)

The veterans unemployment rate in August jumped to its highest mark in 20 months, but outside analysts said the trend for veterans seeking jobs remains predominantly positive and should not be a point of panic yet.

“One month of data, that shouldn’t lead us to worry about what is happening,” said Rosalinda Maury, director of applied research at the Institute of Veterans and Military Families at Syracuse University. “You do see some fluctuations month to month, especially because of the sampling of some smaller subsets of populations.”

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