Jobless Rates Drop for Recent Veterans and Older Workers

June 5, 2015 5:38 PM

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Recent veterans fared well on the jobs front in May. The unemployment rate for men and women who served in Iraq and Afghanistan dropped to 5.4 percent — the lowest level in a year — from 6.9 percent a month earlier.

Older workers also benefited from the overall bounce in the U.S. job market, which added a solid 280,000 positions in May and underscored confidence among employers. The unemployment rate for workers 55 and older fell to 3.7 percent from 4 percent in April.

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