171,000 Increase in Jobs for October

171,000 Increase in Jobs for OctoberEmployers stepped up their game in October as far as hiring goes, adding 171,000 people to their payrolls, according to the Labor Department. Also, 84,000 more new jobs were created in August and September than was originally expected. These positive news regarding unemployment also mean a lot of employment contracts and possible business deals being made. Whenever you are dealing with business law or drafting contracts, get an experienced business law attorney to help you.

The jobless rate went up a tenth of a point to 7.9 percent, according to a story in the Chicago Tribune. It was due to workers restarting their job hunting processes, since only active job-seekers count as unemployed.

With the election being on everyone’s mind, people will look at these changes as part of politics. Does the change support Obama’s or Romney’s statements and so forth, but in actuality, it means 171,000 people signing contracts with their employers. This is, undoubtedly, a positive matter, but it is still one with many legal aspects both on employers’ and employees’ parts.

Signing a binding legal contract is always a legal issue and it should be one that people consider properly. Companies can benefit from the help of business law attorneys in drafting contracts for their soon-to-be employees and to make sure the company maintains proper business practices.

When you have a business law issue, whether it has to do with contract law or something else, you should contact an experienced business law attorney. Our offices in Naperville, Illinois can help you with your case. Contact our skilled Illinois business attorneys today.