Veterans in the Labor Market: 2024 Update

Rajashri Chakrabarti, Dan Garcia and Maxim Pinkovskiy

No 20240522, Liberty Street Economics from Federal Reserve Bank of New York

Abstract: Veterans constitute a significant segment of the male labor force, and understanding labor market disparities between veterans and non‑veterans is an important component of studying disparities in the economy as a whole. In a previous Liberty Street Economics post, we have shown that even relative to a group of comparable non-veterans, veterans have lower employment and labor force participation rates. One year later, we see that veterans continue to experience lower labor market attachment and the employment gap has widened, though the earnings gap has closed.

Keywords: veterans; labor force participation; employment; inequality (search for similar items in EconPapers)
JEL-codes: J2 J3 (search for similar items in EconPapers)
Date: 2024-05-22
New Economics Papers: this item is included in nep-inv
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