The second quarter 1974 Bureau of Labor Statistics show little change over the past year in the job situation for Vietnam veterans (20-34 years). With the number of newly discharged veterans being reduced, the unemployment rate remains steady at 5 percent; a much smaller proportion of Vietnam veterans now are 20-24 years old, where the unemployment rate is considerably higher than for older veterans. A substantial difference still remains between the higher jobless rate of the younger veterans compared with nonveterans 20-24 years old. The unemployment rate for Negro veterans (20-34 years), at 10.5 percent, was not significantly changed over the quarter or year. (Quarterly and annual averages are presented in six tables concerning employment status, duration of unemployment, reasons for unemployment, and reasons for nonparticipation in the labor force by veterans and nonveterans in an age group 20-34 years old divided by region, age, and race.) (EA)