Summertime Blues: 200 Legal Sector Jobs Erased in JulyAugust 6, 2014
The legal sector shed 200 jobs in July, offsetting gains from the previous month, according to seasonally adjusted preliminary data released Friday by the U.S. Bureau of Labor Statistics.
The revised data for June’s legal sector jobs in the latest BLS report shows the industry adding 900 jobs that month, which is 300 less than what was previously reported.
So far, the legal sector has witnessed a loss of 800 jobs since the beginning of 2014, hitting the second-lowest point of the year. Still, compared with the same time last year, the legal sector has gained 3,900 jobs, currently employing almost 1.136 million people.
The slight dip in legal industry employment in July echoes a slowdown of this year’s steady increase in total nonfarm jobs in the U.S. Last month, only 209,000 jobs were added, reflecting an almost 30 percent decline from the surge of 298,000 jobs in June.
The overall unemployment rate in the U.S. rose to 6.2 percent in July from 6.1 percent the previous month, according to the BLS. But the figure still represents progress over the 7.3 percent unemployment rate in July 2013.