The U.S. legal services sector lost 1,200 jobs in July, new Labor Department data showed on Friday, as scattered layoffs continued this week at large U.S. law firms.
Legal sector jobs totaled 1,182,500 last month, according to preliminary seasonally adjusted data released by the U.S. Bureau of Labor Statistics. The count includes a range of legal workers, including paralegals and assistants, but the majority are lawyers, Labor Department figures show.for legal sector employment in June, which it had pegged as nearing a historic high that was reached last summer. June's numbers were revised from 1,185,100 jobs to 1,183,700 jobs.
At least two large U.S. law firms – Katten Muchin Rosenman and Armstrong Teasdale – said this week that they areKatten, a Chicago-founded firm with around 700 lawyers, said it parted ways with less than 5% of its lawyers and staff. Armstrong, which has 800 lawyers, said it was laying off about 3% of its lawyers and 6% of its staff.The broader U.S. economy
a moderate pace of job growth in July, but solid wage gains and a decline in the unemployment rate pointed to continued tightness in labor market conditions.
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