Newspapers Maybe Not Much of a Growth Industry

“Employment of full-time professional editorial staff peaked at 56,900 in 1989. By the end of 2011, the last year for which data are available, employment had fallen by 24%, according to the American Society of News Editors. When figures for 2012 are compiled, newsroom workforce will likely be below 40,000.”
 — Of the many bits in this survey of the current American news business — the cable news audience is stalled forever at 1.9 million people! TIME’s newsstand sales dropped 27% in a year! — the 24% drop in newspaper editorial employees is the most instructive for those of you young people thinking about a major. (Journalism is always a terrible major.)

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