On the heels of the U.S. economy adding 243,000 jobs in January, and the unemployment rate dropping to 8.3 percent (the lowest rate since February 2009), it stands to reason that the legal job market also benefitted from all the gains, right?
With news breaking today that the national unemployment rate dropped to 8.5 percent in December 2011—its lowest level since February 2009—and the economy added 200,000 jobs, one might think the legal job market also reaped the benefits of Americans getting back to work. Alas, this was not the case.
Growth is often a positive thing, although sometimes that growth is so miniscule that it’s hardly noticeable. Such may be said about the number of jobs gained in the legal sector last month.