Legal Sector Loses 2,900 Jobs in November
December 04, 2009
The pace of job loss in the United States slowed significantly in November, according to the Bureau of Labor Statistics' monthly jobs report. The economy shed just 11,000 jobs in November, the lowest such figure since December 2007. The overall unemployment rate fell to 10 percent, down from 10.2 percent in October. Here's analysis of the jobs report from The New York Times.
So how did the legal services sector fare in November? Not quite as well. When seasonally adjusted the sector lost 2,900 jobs. Since November 2008, the sector has lost a total 41,800 jobs. Still, the 2,900 dip is half the number of jobs shed in October when the BLS reported legal services providers cut 5,800 positions. That followed a report of 2,000 jobs lost in September.
This article first appeared on The Am Law Daily blog on AmericanLawyer.com.