Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  ARACLE SPF I, LLC
2. Date of Event Requiring Statement (Month/Day/Year)
10/01/2014
3. Issuer Name and Ticker or Trading Symbol
GENERAL EMPLOYMENT ENTERPRISES INC [NYSE:JOB]
(Last)
(First)
(Middle)
1 PENN PLAZA, STE 2411
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

NEW YORK, NY 10119
6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock, no par value 2,500,000
D (1)
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Common Stock Purchase Warrants 10/01/2014(2) 03/31/2018 Common Stock 1,187,500 $ 0.25 D (3)  
Common Stock Purchase Warrants 10/10/2014(4) 04/10/2018 Common Stock 62,500 $ 0.25 D (3)  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
ARACLE SPF I, LLC
1 PENN PLAZA
STE 2411
NEW YORK, NY 10119
    X    
ARACLE MANAGEMENT, LLC
1 PENN PLAZA
SUITE 2411
NEW YORK, NY 10119
      See Footnotes (1) and (3)

Signatures

Aracle SPF I, LLC, By Aracle Management, LLC, By: /s/ Joshua S. Lev, Manager 10/01/2014
**Signature of Reporting Person Date

Aracle Management, LLC, By: /s/ Joshua S. Lev, Manager 10/01/2014
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) All shares are held directly by Aracle SPF I, LLC (the "Fund"). Aracle Management, LLC is the Manager of the Fund and shares in profits, if any, of the Fund. Aracle Management, LLC may be deemed an indirect beneficial owner of securities held by the Fund and disclaims any direct beneficial ownership of any securities held by the Fund.
(2) Indicates warrants acquired from the Issuer on March 31, 2014.
(3) All Warrants are held directly by Aracle SPF I, LLC (the "Fund"). Aracle Management, LLC is the Manager of the Fund and shares in profits, if any, of the Fund. Aracle Management, LLC may be deemed an indirect beneficial owner of securities held by the Fund and disclaims any direct beneficial ownership of any securities held by the Fund.
(4) Indicates warrants acquired from the issuer on April 10, 2014.

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