The work experience and income of male veterans, aged 20 years and over, were compared with that of their nonveteran counterparts for the calendar year 1981. Analysis of the data provided by the Census Bureau showed that a larger percentage of male veterans than of their nonveteran counterparts, 64 percent and 56 percent, respectively, worked full-time all year round during 1981. As a result, veterans had a higher overall median income than nonveterans. Age differences between the two groups, however, accounted for much of this disparity in income and work experience. Veterans comprised an older group than nonveterans, and consequently fewer of them were at the ages that are at greatest risk of being totally or partly unemployed during the year. (In addition to two tables and four figures within the text of the report, 10 tables are appended that present in greater detail the data discussed in the text.) (YLB)