Veteran unemployment dropped to 9.9% in 2012

NEW YORK (CNNMoney) -- The unemployment rate for veterans dropped last year, according to a report out Wednesday from the U.S. Bureau of Labor Statistics.

The unemployment rate for veterans who have served in the U.S. military since the terrorist attacks of Sept. 11, 2001 dropped by 2.2 percentage points in 2012, to 9.9%.

But that's still higher than last year's 7.9% unemployment rate for nonveterans, the report said.

In 2011, the unemployment for post-9/11 veterans was 12.1%, compared to 8.7% for nonveterans.

The unemployment rate for all veterans, not just those who served in the post-9/11 era, was relatively low at 7% last year, the report said.

Women veterans tended to have a higher unemployment rate than men, according to the report. Among post-9/11 veterans , men had an unemployment rate of 9.5% last year, compared to 12.5% for women.


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