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Legal Unemployment Rate

Posted: Tue Jul 13, 2010 9:41 pm
by boston
Does anyone have a link to a "legal unemployment rate"? I have seen the various estimates of jobs lost since 2008 in the legal market but has anyone seen anything akin to the actual unemployment rate? The closest I could find was a New York Times article that said unemployment for people with a college degree was 5.5% (which I thought would be a little bit higher)

Re: Legal Unemployment Rate

Posted: Tue Jul 13, 2010 10:10 pm
by Renzo
There isn't going to be an official statistic that captures this rate. Most JDs who can't get law jobs just take other jobs, so they aren't "unemployed," even if they are severely underemployed.