One in four 2007 U.S. newspaper jobs gone

Posted by on Mar 12, 2012 in Recruitment, Social

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The U.S. Council of Economic Advisors, with LinkedIn, just completed its Economic Report of the President, in which it studied shrinking U.S. industries. Newspapers, at a layoff rate of 28.4 percent topped the list. Next were retail, building materials and automotive, with drops in staff of  15.5, 14.2 and 12.8 percent respectively. The years studied were 2007 through 2011. The best industry in which to job hunt is renewables, which has grown nearly 50 percent, Internet and online publishing which each jumped about half that, and e-learning which experienced a growth just under 16 percent.

Here’s the methodology, as posted on the LinkedIn blog

“We identify industry trends from 2007 through 2011 by longitudinally following anyone in the US who has a position listed in 2007 (we adopted this methodology to control for the incredible growth in our member base since people who join LinkedIn after 2007 still are likely to list a job they had in 2007). This provides us a sample size in the tens of millions.”

 

Written by Sharon Hill

Sharon Hill has been a senior writer / analyst with the AIM Group since 2004, except for a two-year time-out to serve as sales and marketing manager for Suburban Newspapers of America. She worked at newspapers in California, the Carolinas and Indiana as a classified advertising sales supervisor and manager, and in newspaper circulation in Alaska. At the SNA, she was responsible for bringing in new members; lining up exhibitors, and helping develop programs for the classified conference and the classified alliance. She is also co-author of “Implementing and Managing Telework: A Guide for those who make it Happen” (Praeger Press) and a prolific blogger and social media user. She is based in Phoenix.

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