The Employment Situation of Veterans: August 2026

U.S. employment grew by 162,000 jobs in August 2026 while the national unemployment rate remained at 4.1%. Veteran unemployment improved significantly, falling from 4.2% in July to 3.4% in August, with Post-9/11 veterans declining from 4.7% to 3.5%. Female veterans (2.4%) and male veterans (3.6%) both had lower unemployment rates than their nonveteran counterparts. Unemployment among Black veterans dropped sharply from 10.4% to 4.4%, while Hispanic veterans improved to 4.9%. Younger veterans continued to experience the highest unemployment rates. Overall, veterans maintained lower unemployment rates than nonveterans across most demographic groups.