WASHINGTON (AP) - Recent veterans fared well on the jobs front in May. The unemployment rate for men and women who served in Iraq and Afghanistan dropped to 5.4 percent - the lowest level in a year - from 6.9 percent a month earlier.
WASHINGTON (AP) — Recent veterans fared well on the jobs front in May. The unemployment rate for men and women who served in Iraq and Afghanistan dropped to 5.4 percent — the lowest level in a year — from 6.9 percent a month earlier.
Older workers also benefited from the overall bounce in the U.S. job market, which added a solid 280,000 positions in May and underscored confidence among employers. The unemployment rate for workers 55 and older fell to 3.7 percent from 4 percent in April.
Not all groups came out ahead.
Young workers in their early 20s lost ground. So did black Americans. The unemployment rate for black workers rose to 10.2 percent from a nearly seven-year-low of 9.6 percent in April.
The data for various demographic groups came from a survey of households that is part of the Labor Department's monthly jobs data.Unemployment rate by group:(Numbers in percentages)May-15Apr-15May-14White220.127.116.11Black10.29.611.4Asian*18.104.22.168Hispanic or Latino ethnicity**22.214.171.124Adult men555.9Adult women54.95.7Teenagers17.917.119.220-24 years old10.19.611.125-54 years old126.96.36.1995 and over3.744.5Veterans of Iraq/Afghanistan*188.8.131.52No high school diploma184.108.40.206High school graduate220.127.116.11Some college18.104.22.168College graduate22.214.171.124Duration of Unemployment:Average length (weeks)30.730.834.3Jobless 6 months or more (pct.)28.62934.3* Not seasonally adjusted**Includes all racesSource: Labor Department