Legal Sector Springs Back, Loses 500 Jobs in May

, The Am Law Daily

   | 2 Comments

Last month's drop-off follows two straight months of growth for the industry, though the preliminary data released Friday by the U.S. Bureau of Labor Statistics also revised downward the number of legal jobs added in April from 2,100 to 1,600.

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What's being said

  • Andrew

    It is interesting that the national unemployment rate went from 7.5 to 7.6, and yet 175,000 jobs were added in May at the same time. How is this possible? What happened was that more people started looking for work again, and while 175,000 people found new jobs, the number of new people that started looking for new jobs still increased. This is a good sign for the economy, as it means people are more confident in the job market. Sites such as granted dot com and others can help you in your job search if you utilize them. Other job sources such as classified ads, newspapers, and networking are all great ways to find work as well. As people (and lawyers) continue to have confidence in the market, and if employers continue to have that same confidence, the economy will continue to rebound and eventually will be back to pre-recession levels.

  • CBW

    The phrase "spring back" isn't usually used in association with a loss. Wrong title.

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