November 2013

Employment fell a little in November but grew a little year-over-year. To everyone who graduated this year, happy holidays.

In an awesome bit of irony, Standard & Poor's noted

Credit quality appears to be bifurcating between small stand-alone law schools and component programs in nationally recognized universities and large state schools.

Looks like the legal education industry is about to follow the bimodal distribution trail blazed by the legal services industry and morph into winners and losers. To the losers: network. Even the winners are finding that their cash cow just died.

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

Not seasonally adjusted	November	2012	1,127,900
	September	2013	1,124,200
	October	2013	1,131,300
	November	2013	1,130,500	2,600
Seasonally adjusted	November	2012	1,126,100
	September	2013	1,130,100
	October	2013	1,129,700
	November	2013	1,128,600	2,500
Change from Oct-13 to Nov-13				-1,100