In the general economy, nonfarm jobs ''fell by 240,000 in October Nonfarm payroll employment fell by 240,000 in October, and the unemployment rate rose from 6.1 to 6.5%… October's drop in payroll employment followed declines of 127,000 in August and 284,000 in September'', according to the report.
The report figures also show that jobs in the legal sector have comprehensively dropped 1.1% since October of last year. The industry now employs 1.16 million people. The numbers reflect all persons on the payroll, not just attorneys. This includes public relations representatives, paralegals, legal secretaries, and more.
The numbers shown communicate the losses felt in the legal sector from layoffs and shifts at firms such as Heller Ehrman, Thelen, McKee Nelson, and others.
October marks the eighth consecutive month of job losses in the legal sector. The hardest hit legal practice areas continue to be finance, real estate, and corporate mergers and acquisitions.
Chicago and New York have been two of the most affected cities, but others are receiving scathes as well. San Francisco, Washington, D.C., and southern Florida have all seen major losses as well.
With the markets not appearing to rise from the ashes any time soon, the legal sector can continue to expect cuts in jobs.
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