The unemployment rate for post-9/11 veterans fell to a near-historic low in February, hitting 4.7 percent, government data show.
That figure, down a full point from the January rate of 5.7 percent, matches the unemployment rate for the youngest generation of veterans charted in August, which was the all-time low at the time it came out. Since then, the October rate set a new all-time low, then the November rate beat October's number.
The nation as a whole tacked on 242,000 jobs in February, according to the Bureau of Labor Statistics, with the unemployment rate at 4.9 percent, identical to January's number.
Monthly unemployment rates for Iraq and Afghanistan war veterans versus the rate for all non-veterans.
Photo Credit: Kenneth Chamberlain/Military Times
Post-9/11 veterans were hit hard during the depths of the recession in 2010 and 2011, with monthly unemployment rates climbing as high as 14 percent and 15 percent and annual average unemployment figures in double digits.
The unemployment picture began to slowly improve in 2012 and 2013. And over the last couple of years, it's caught fire, setting one record after another. The first two rates of 2016 offer reason to think the hot streak is continuing this year.
For veterans of all generations, the unemployment rate fell to 4.1 percent in February, down from January's 4.7 percent mark.