Wednesday, May 11, 2011
Hiring in the legal services sector has been like a rollercoaster ride the past several months. Up in December (and here), down again in February and March. Now comes this report that the legal job market added 1,500 jobs in April. From the American Lawyer:
The U.S. legal industry reversed a losing streak in April by adding 1,500 jobs after two straight months of decline, according to the latest monthly employment figures released by the Bureau of Labor Statistics.
Overall U.S. employment increased by 244,000 jobs in April--the second straight month with a gain of more than 200,000. However, the unemployment rate rose to 9 percent from 8.8 percent last month, as more out-of-work people started looking for jobs again, the government reports.
The good news for the legal sector comes after the industry lost 300 jobs in March and 2,000 in February. (Last month, we reported that legal jobs were down by 500 in March, but BLS has since revised those numbers.)
The legal industry is 1,500 jobs ahead of where it stood at this point in 2010 after many employment ups and downs over the past year.