Happy New Year

I want to wish my readers both a personally and professionally successful New Year.

November 2012

Pick a number. Any number. Every time I look at last year's entry, I notice the BLS revised its original figures by a few thousand. Basically, the modest growth over 2011 is potentially a statistical artifact that could disappear the next time employment figures come out. Sucks to be one of the 45,000 newly minted ABA grads.

I wish actual sociologists would take up this discussion, picking up where scambloggers leave off. What drives lemmings? PresTTTige? Lucre? Parental pressure? Terminal credulity? I'm serious. Someone needs to investigate and identify what goes through these individuals' heads. My theory is education in general, and law school in particular, have become one giant moral hazard. Perhaps once the researchers publish their findings, the necessary public policy changes can be made. One can only dream.

http://www.bls.gov/news.release/empsit.t17.htm

Not seasonally adjusted	November	2011	1,117,900
	September	2012	1,114,700
	October	2012	1,122,900
	November	2012	1,123,700	5,800
Seasonally adjusted	November	2011	1,116,700
	September	2012	1,121,300
	October	2012	1,122,300
	November	2012	1,122,500	5,800
Change from Oct-12 to Nov-12				200