Veterans are among the groups prospering in the job market, according to the latest report from the Bureau of Labor Statistics.
For the month of April, the non-seasonally adjusted veteran unemployment rate was 2.3%, down from 2.9% in March. Veterans were unemployed at a rate of 3.7% in January.
The last time the veteran unemployment rate reached 2.3% was May 2000. Broken down, the unemployment rate for war on terror veterans was 1.7%.
The national unemployment rate dropped to a 50-year low as 263,000 jobs were added in April. The Hispanic unemployment rate also reached a record low in April, coming in at 4.2%.
President Trump tweeted that “AMERICA is now #1. We are the ENVY of the WORLD” after this morning’s release of April’s jobs report.
We can all agree that AMERICA is now #1. We are the ENVY of the WORLD — and the best is yet to come! pic.twitter.com/Uc81DzHbu2
— Donald J. Trump (@realDonaldTrump) May 3, 2019