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Saturday, May 08, 2010

Job Sob

The mainstream media just reports the government numbers on jobs, but never digs deeper into them.

U.S. economy added 290,000 jobs in April - Economy at a Crossroads- msnbc.com: "U.S. employment grew at the fastest pace in four years in April as private sector businesses ramped up hiring, showing the labor market recovery gaining steam.

President Barack Obama called the news 'very encouraging.'

Employers added 290,000 jobs in April, the Labor Department said Friday, far more than analysts had expected. The department also revised figures for February and March to show 121,000 more jobs were added than previously estimated." Who is hiring, and what types of jobs are these?


Law Graduates Face a Tough Job Market - WSJ.com: "Morrison & Foerster LLP, a 1,000-lawyer San Francisco-based firm, hired about 30% fewer graduates this year than in the prior year. 'It would not surprise me if all firms cut back on hiring law graduates for a couple of years,' said Keith Wetmore, its chairman. Saul Ewing LLP, a 250-lawyer Philadelphia firm, cut hiring of law graduates this year by about two-thirds."

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