Wednesday, July 10, 2013

Legal sector loses 3,600 jobs in June

This is the second month in a row that the legal sector has lost jobs following a dip in May of 500. Keep in mind that these monthly reports from the Bureau of Labor Statistics are typically preliminary and thus are subject to later revision.

From the AmLaw Daily:

Initial BLS reports show the legal sector shedding 3,600 positions in June, the largest one-month drop since a 3,300-job dip recorded during the same period two years ago. Last month was also the second in a row during which the industry lost more jobs than it gained. The BLS originally estimated that the legal sector lost 500 jobs in May—a figure the bureau revised Friday to reflect a loss of 2,900 positions that month instead.

At its halfway point, 2013 has proven to be a topsy-turvy year on the legal employment front, with the industry enjoying gains, respectively, of 3,100 and 800 positions in March and April. And while the legal sector has shed 5,100 jobs since December 2012, employment still outpaces last year's totals at this point by 1,000 positions. Overall, the legal sector currently employs 1.12 million people.

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