Legal Sector Employment Update
Posted on Mon, Dec 12, 2011 @ 07:58
Many industries throughout the country have been suffering from the crippling economy that we have been facing in recent years. The unemployment rate peaked in the past decade at 10.1% in October 2009, from since it has been sporadically decreasing. This past October, the unemployment rate dropped to 9.0% from 9.1% in September. This labor situation has affected a multitude of industries across the country, including the legal sector.
The U.S. Bureau of Labor Statistics releases a report every month on the employment situation of nonfarm payroll employment throughout the country broken down into sectors. According to the October 2011 report, nonfarm payroll employment continued to trend up in October, adding over 80,000 jobs. However, The New York Times reported that these figures fell below most economics’ estimates.
It is important to note that the legal sector added over 400 jobs this past October. However, despite this increase, the legal industry had added significantly fewer positions than it had in October 2010. Statistics show a +0.4% growth from September 2011 to October 2011. In September, the industry lost 1,300 jobs in addition to the 300 jobs lost in August of this year. Despite this fall in legal jobs, this past July had the most positive job growth with 4,100 jobs being added.
This past year’s legal employment data shows that the legal sector cannot expect to be dramatically enhanced despite an improving economy. Regardless of these statistics, the fact that the legal sector improved in this past month shows that employment in this industry may lead to a steady increase. If your firm is not ready to hire permanent workers yet, consider taking on a temporary worker.
Hiring temporary workers allows your firm to have more control over your workers and your clients’ confidential information. Temporary employees work within your company walls and become a part of the work environment, which fosters commitment and loyalty to your firm. We conduct complete and thorough onboarding checks on candidates to ensure they are not a threat to your company’s well-being. Based on our screening process we are able to ensure that the temporary worker placed by Law Dawgs® will transition into your firm with relative ease.
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