News jobs disappearing

Since media employment peaked in dot-com dominated 2000, one in six jobs (or 167,600) have been eliminated. Newspapers account for half those losses. Since 1990, one in four newspaper jobs have flat-out disappeared (numbers come from an Ad Age DataCenter analysis of Bureau of Labor Statistics data). Meanwhile, employment in advertising/marketing-services broke a record in November (769,000). From Ad Age:

Among all the ad-related job sectors, the hot spot is marketing consulting. Employment in that field in December reached a record 148,500, accounting for the lion's share of job gains over the past year in advertising and marketing services. Marketing consultancies over the past year added 14,500 jobs (up 10.8%), nearly matching staff cuts at newspapers (down 16,900 or 4.7%).

[CUT]

Ad/marketing services consists of marketing consultancies, ad and PR agencies, media agencies/media rep firms and graphic design firms, all of which saw gains in 2007; and firms involved in market research, ad-material distribution and direct-mail advertising, which cut jobs last year.

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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
 
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
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