vg_ford: (Default)
vg_ford ([personal profile] vg_ford) wrote2008-10-30 05:22 pm
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(publishing) An interesting article...

From CNN.com, on sectors likely to be losing jobs soon:

Publishing: As consumers cut back, advertisers follow, and that means tough times for print publications, including newspapers and magazines, experts say.

According to Bureau of Labor Statistics data, employment in the publishing industry has been contracting since the beginning of last year.

But the "grand decline" of jobs in the media industry, which also includes broadcast and digital media, began with the dot-com bust in 2001, noted Heidi Shierholz an economist at the Economic Policy Institute, a research group based in Washington. Now a loss of jobs in traditional publishing is being exacerbated, in part, by the move away from print toward digital media.

"Every time you have a recession it pushes companies that have been holding on by their fingernails out of business," Challenger said. "It clears away an old generation of companies and I think we'll see that with print."


Bleah. I should have stayed in bed today. :p

Dammit, I really need to win the lottery.

[identity profile] jenstclair.livejournal.com 2008-10-30 10:29 pm (UTC)(link)
I really need to win the lottery too.

[identity profile] vg-ford.livejournal.com 2008-10-31 10:41 pm (UTC)(link)
heehee. 'Spose I'd have a better chance if I actually PLAYED. ;)

[identity profile] jenstclair.livejournal.com 2008-10-31 11:05 pm (UTC)(link)
Yes, me too!

The place where I bought my lottery tickets (every once in a while) closed, though, and there's nowhere left on my way home. Unless the gas stations have them; I don't ever go in, so I have no clue.

[identity profile] vg-ford.livejournal.com 2008-10-31 11:09 pm (UTC)(link)
Most do. I just usually forget to stop.

[identity profile] gerriwritinglog.livejournal.com 2008-10-30 10:57 pm (UTC)(link)
Meh. They're talking more about media than books. Don't stress too much. Books are cheap entertainment that sticks around, much cheaper per person than a trip to the movies or a video game or dinner out. They'll probably stay fairly strong throughout this madness. IMO, of course.

[identity profile] vg-ford.livejournal.com 2008-10-31 10:42 pm (UTC)(link)
I'm not, really. I just thought it was an interesting article.

[identity profile] madwriter.livejournal.com 2008-10-31 02:18 am (UTC)(link)
I'm not planning on something as unrealistic as winning the lottery to secure my fortune. Instead, I'm starting to budget for my bestselling novel's royalty checks. :D

[identity profile] vg-ford.livejournal.com 2008-10-31 10:48 pm (UTC)(link)
LOL! Good plan!