Monday, December 31, 2012

Happy New Year

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

Monday, December 10, 2012

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.

Not seasonally adjustedNovember20111,117,900
Seasonally adjustedNovember20111,116,700
Change from Oct-12 to