Writing this is like something out of Groundhog Day. There was a gain of 1,400 jobs over June 2012 and 4,500 since July 2011. For illustration, revisit the July 2011 post. Using the revised July 2011 figures, there was a gain in the neighborhood of 4,500 in both years, or 9,300 since July 2010.
I don't know how to determine how many lawyers, paralegals, and legal secretaries left the "profession," but it's an important figure, because that's the only way someone new can enter it.
http://www.bls.gov/news.release/empsit.t17.htm
| Not seasonally adjusted | July | 2011 | 1,127,400 | |
| May | 2012 | 1,115,800 | ||
| June | 2012 | 1,131,000 | ||
| July | 2012 | 1,132,200 | 4,800 | |
| Seasonally adjusted | July | 2011 | 1,116,000 | |
| May | 2012 | 1,119,300 | ||
| June | 2012 | 1,119,100 | ||
| July | 2012 | 1,120,500 | 4,500 | |
| Change from Jun-12 to Jul-12 | 1,400 |
Doubtless, many "law professors" and industry shills will cite to this development as a great breakthrough.
ReplyDeleteOf course, these small gains do not counteract the immense job losses - over the last 5-10 years. Also, with automation and outsourcing, MANY of these jobs will not return. What a splendid "profession," huh?!?!