This is a glass-half-full report. Total legal jobs increased by 6K year-over-year; however, there are only 5K more jobs than September 2010. Further, I normally work with seasonally adjusted numbers and September looks a little out-of-whack compared to the previous year (see the prior year post). Whatever. It's not like there's a campaign going on or something.
In other news, if you read my blog roll you'll see commentary on what is hopefully not the start of a noxious trend. UC Hastings reduced its class size 20% while simultaneously increasing tuition 15% to make up the lost revenue. So, the school will end up with fewer, more deeply indebted graduates. Let's be serious: prices are sticky downward and I suspect the temptation to increase the class size in future years while keeping tuition the same will be irresistible. "Hey, on an inflation-adjusted basis we reduced tuition!"
http://www.bls.gov/news.release/empsit.t17.htm
| Not seasonally adjusted | September | 2011 | 1,110,900 | |
| July | 2012 | 1,133,300 | ||
| August | 2012 | 1,120,100 | ||
| September | 2012 | 1,113,900 | 3,000 | |
| Seasonally adjusted | September | 2011 | 1,114,500 | |
| July | 2012 | 1,120,800 | ||
| August | 2012 | 1,119,400 | ||
| September | 2012 | 1,120,400 | 5,900 | |
| Change from Aug-12 to Sep-12 | 1,000 |
With such pathetic growth in the legal job market, I can see why you didn't title this post "$epTTTember 2012."
ReplyDelete