Subject to the usual revision, statistics show a small decrease in jobs in May. Year over year, the increase was 7,800; 14,200 over May 2011 and 16,200 over May 2010. The industry grew, or at least didn't shrink, at an average annual rate of about 0.5% over the last three years.
Basically, if you graduated law school in this era then statistically you're now doing something non-law-related while your student debt follows you around. Here's an example, who was once noted in Big Debt, Small Law after he showed up here. I encourage you lemmings (Hi!, Mr. Infinity) to get yourself quoted frequently in the media so I'll have lots of future Where Are They Now material to work with.
http://www.bls.gov/news.release/empsit.t17.htm
| Not seasonally adjusted | May | 2012 | 1,118,000 | |
| March | 2013 | 1,123,100 | ||
| April | 2013 | 1,125,900 | ||
| May | 2013 | 1,127,600 | 9,600 | |
| Seasonally adjusted | May | 2012 | 1,121,500 | |
| March | 2013 | 1,128,200 | ||
| April | 2013 | 1,129,800 | ||
| May | 2013 | 1,129,300 | 7,800 | |
| Change from Apr-13 to May-13 | -500 |
For $ome rea$on, Crooklyn Law School is now targeting older students for its two year JD program - even though the lawyer job market is severely glutted.
ReplyDeleteWhy not? Uncle Sugar will lend them every cent they need and then garnish their Social Security checks to collect it.
ReplyDelete