October 11, 2010
Compared to the long term, short term growth in legal jobs is good
Just after I got done blogging the below story about the Bureau of Labor Statistics dire prediction for long term job growth in the legal sector comes this favorable report about a short term spike in legal jobs. As reported by Law.com:
For the third straight month, more people landed legal jobs than lost them, according to the latest employment report from the Bureau of Labor Statistics. The sector saw 2,500 new positions added in September.
BLS initially reported an increase of 1,000 legal services jobs in August, but newly adjusted numbers show the total was actually 1,400 for that month. The recent job stats in the legal market still lag behind the rates of employment in the sector reported by BLS for September 2009 (by 6,700 jobs). Total legal sector jobs have been on the rise since July, with nearly 4,000 new jobs added in the past three months. (See our jobs reports for August, July and June.)
The same report notes that, overall, the U.S. economy is still in the tank with the unemployment rate remaining unchanged at 9.6%. In addition to growth in the legal sector, the other short term bright spot is health care which showed a solid gain in jobs added.
You can read the full story here.
October 11, 2010 | Permalink