Thursday, May 24, 2012

Is the Job Market Improving for College Grads?

The most recent statistics suggest as much:

Between September 2008 and August 2010, 6.9 million American jobs were eliminated. In the last year and a half, 3.1 million jobs have been created. The strengthening job market has made a big difference to seniors who are job-hunting in their final semester.

The unemployment rate for college graduates 24 and under averaged 7.2 percent from January through April. That rate, which is not adjusted for seasonal factors, is down from the first four months of 2011 (9.1 percent), 2010 (8.1 percent) and 2009 (7.8 percent.) For all Americans, the unemployment rate is 8.1 percent.

What do these numbers tell us about the legal job  market and about whether young people are more  likely to assume the expense of going to law school? Here is the article from the Chicago Tribune.


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