
The news only got worse for the newspaper industry in 2009.
Newspapers had a nice run from the 1970s to the 1990s. Unfortunately, as this chart from the Bureau of Labor Statistics makes clear -- by way of Marketwatch -- it's over.
Newspaper employment has utterly collapsed in the last 15 years, with employment numbers now around where they were in the mid-1950s.
The good news: It's a great opportunity. The next decade will give birth to new forms of reporting, more in tune with today's technology and news consumption habits.
The short term outlook is bleak and if the economy slips into a double dip recession this year as some experts say is possible the downward slide of jobs for the industry will only accelerate instead of leveling off as news executives had hoped.
Post #2528

In our county of approximately 450,000, the joint-venture things they call newspapers only sell about
30,000 papers.
January 5 at 11:43 pm | #1 | Link
They are getting what they deserve for pushing liberal agendas and lying and covering up for Democrats. I will not shed a tear when the KC Star, NY Times, Washington Post and LA Times goes under. They lost their journalistic integrity years ago and became a tool of the Democratic liars.