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Updated July 20, 2021

Veterans' Employment

Veterans' employmentoutcomes are atopic ofongoing
congressional interest. This In Focus provides a summary
of the recent performance of former members of the Armed
Forces in the civilian labor market and brief descriptions of
major federal programs and policies that support veterans'
employment.
Performance of Veterans in the
Labor Market
Veterans account for about6% of the civilian labor force.
Approximately 40% of veterans in the labor force served
after September 2001 (Post-9/11 veterans) and the
remainder served in prior periods.
Figure 1 depicts the 12-month moving average
unemploymentrate for Post-9/11 veterans, veterans from
prior service periods (shown as other veterans), and non-
veterans forthe seven-year period ending in June 2021. The
similar trends of the three populations illustrate the
relationship between veterans' employmentoutcomes and
the broader labor market. All three populations experienced
a decline in their unemployment rates during the initial
period depicted in the figure. Similarly, all three groups
experienced a sharp increase in unemployment at the
beginning of the COVID-19 pandemic, followed by a
decline.
Figure I. Unemployment Ratesfor Post-9/1 I
Veterans, OtherVeterans, and Non-veterans
9%   .    ...       -   Past9/11 Veterans
3                 --- - otherveterans
3
1%
-2,                                     - r  r
Source: Bureau of Labor Statistics, Current Population Survey, data
through June 2021.
Notes: Data reflect moving average for 12-month period endingthe
month on the horizontal axis.
Early in the period depicted in Figure 1, Post-9/11 veterans
had a higher unemployment rate than non-veterans. More
recently, the unemployment rate of Post-9/11 veterans has
converged with and, in s ome in s tances, fallen below than
that of non-veterans. Veterans fromprior periods
consistently had an unemployment rate belowbothPost-

9/11 veterans and non-veterans during the period depicted
in the figure.
Overview of Veteran Employment
Programs
The remainder of this report describes major federal
programs that support veterans in the civilian labor market.
Federal programs that target smaller subsets ofveterans,
such as the Homeless Veterans Reintegration Program, are
not included. In addition to federal efforts, there are
substantialstate, local, and private initiatives that support
veterans' employment outcomes (these initiatives are
beyond the s cope of this report).
The programs described targetveterans, though specific
eligibility criteria vary. Some programs may only be
available to veterans who served for a minimum duration,
served during a specific period, or meet other criteria.
In many cases, veterans who qualify forprograms described
in this report may also be eligible forbenefits that are
available to the generalpublic on the basis ofincome or
other characteris tics. For example, low-income veterans
who pursue higher education with GI Bill benefits may be
eligible for Pell Grants in addition to any veteran-specific
education benefits.
From a budgetary perspective, the largest investments that
support veterans' entry into the civilian labor market are
education benefits. In FY2020, the veterans' education
programs provided more than $11 billion in payments to or
on behalf of veterans. The largestportion of this funding
was forthe Post-9/11 GI Bill, thoughveterans alsoreceived
education benefits under other programs.
Due to the integration of some veterans' employment
programs with other government functions, it is difficult to
estimate the total costs of non-education interventions. By
most estimates, however, federalfundingforveteran
education benefits is substantially greater than aggregate
funding for non-education employment interventions.
Transition Assistance Program for Exiting
Members of the Armed Forces
Servicemembers who are separating orretiring fromthe
Armed Forces are required to participate in the Transition
Assistance Program(TAP) under 10 U.S.C. Sections 1142
and 1144. TAP includes a combinationofpre-separation
counseling and five days of clas sroom-based instruction,
including an employment workshop facilitated by the
Department of Labor (DOL). Depending onthe veteran's
pos t-sep aration plans, TAP offers additional workshops in
preparation for higher education, vocational training, and/or
entrepreneurship.

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