Posts Tagged ‘recovery’

Too Many Lawyers Not Enough Jobs: New York Edition

The statistics cannot be ignored, slow economy, too many lawyers not enough jobs = Do Not Attend law school. We warned you and now more than ever main stream media is catching up. Because it’s so obvious and so overwhelming. Where before, say five or more years ago, one had an excuse, no knowledge of deceptive statistics, false encouragement of upward mobility, the higher education will make your life better. The Wall Street Journal is telling you there aren’t enough jobs for attorneys and they’re just referring to the NEWLY minted law graduates; not those who have been laid off or otherwise terminated, from the high ranking partnerships to the staff attorney who find that there is no resources awaiting them in the legal industry.So add that to the 9,000 new law school graduates in New York alone. Here you go:

New York Times Report Show Lawyer Surplus Law Jobs Shortage, Lawcrossing Finds 29,000 Attorney Jobs

Pasadena, CA — (SBWIRE) — 06/29/2011
The New York Times is reporting that the tough job market for new lawyers is partly a result of a lawyer glut in the law jobs market.

The article is based on data gathered and analyzed by Economic Modeling Specialists Inc. (EMSI), a consulting firm specializing in economic analysis and employment data. The figures gathered by EMSI in fact show that the law schools are graduating more JDs than the economy can absorb for the next few years.

EMSI has taken as its baseline the number of people passing the bar in every state and DC in 2009. The numbers were then put up against the number of estimated job openings for lawyers in those states for the period 2010-15. In every state except Wisconsin and Nebraska, plus DC, there was a lawyer surplus.

The biggest surplus was in New York. 9,787 people passed the bar in 2009 for an estimated 2,100 openings for the period 2010-15. Nationwide, there were only 26,239 job openings for lawyers, while 53,508 people passed the bar. California was in second page with almost 3,000 lawyers in surplus.

Even Nebraska and Wisconsin just have negligible surpluses of law jobs for lawyers. But even though attorney jobs for new lawyers are scare, they exist in most states. LawCrossing is a job aggregator site for all types of legal jobs. The site has been able to locate over 5,500 attorney jobs in New York alone. Nationwide it has located over 29,000 attorney jobs.

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Unemployment Programs; Black Unemployment…

On May 11, 2010 I posted my thoughts on black unemployment and some organizations call for the United Nations to address black unemployment.  Well, the Economic Policy Institute presented a  more in depth statistical analysis: released: 

Uneven pain—Unemployment by metropolitan area and race dated June 8, 2010. Between this and another previous post we can conclude:  Blacks are the most affected by the economic recession and unemployment; thus will most likely be affected long-term socially. Ironically, Blacks and Latinos had an increased in education attainment but higher unemployment rates.

From the May 11, 2010 post [ United Nations: People are calling the international community to the plight of Black Unemployment] on this blog in which I quoted:  “But the ugly truth is that the road to success that the degree they’ve earned was supposed to open up is littered with potholes that their education cannot overcome. This year, blacks who have earned a bachelor’s degree and higher have a higher unemployment rate than whites who have only obtained a two-year college degree. And blacks with college degrees earn substantially less than white college graduates.” [ Black college graduates face road full of potholes, May 11, 2010, Statesman Journal updated version provided in a different website:  Black college graduates face a road ahead full of potholes | lancastereaglegazette.com | Lancaster Eagle Gazette ] Even with these facts and statistics I see not a regression but a potential full-blown manifestation of hatred as many of us have read in history. When a country is in decline which most obvious sign is its economy and international trade, those who are members of unpopular groups, you know those who are not deemed by dominant society as “one of us” will be blamed for it.

Let me state a brief insight: For minorities to try to do things the “right way” attain education, work towards a goal, only to be overlooked for a lesser educated white potential employment is psychologically damaging. It is a reminder that racism is inherent in American culture, government and politics. When push comes to shove, minorities as well as a few whites are expendables. This leaves a resounding whisper in the minds of those largely affected that “America has not changed.”

Should we assume that the abismal statistics provided by EPI are accurate, this gives additional insight to news regarding unemployment benefits. According to an article posted by the Huffington Post on June 14, 2010; more people continue to lose unemployment benefits due to Congress’ failure to extend it and other programs. [Uneven pain—Unemployment by metropolitan area and race].

As Blacks maintain the highest percentage of unemployment across the nation, rationally, they are the very ones who are relying on unemployment benefits for survival, though many are likely educated and not necessarily blue-collar workers. Simply fathoms the mind, for those who believed that they could taste the American Dream but only to be met with sometimes polite rebuffs that reinforces a cyclical society of unbalance and discrmination. I have read that some economists are expecting riots in urban areas because of the economic crisis. For those who believe that living in the suburbs shields them, let me remind you that plenty of Section 8 housing residents and others are spread throughout the suburbs and that some suburbs are dependent and surround major urban areas–you know where many professionals commute to work. It’s looking grim. Can you say Ecuador?