Recent trends in the information publishing industry are not pretty—at least for workers in traditional publishing establishments. In the past four years, the book, magazine, and newspaper industries have shed a combined total of 104,000 jobs, according to the Bureau of Labor Statistics. Meanwhile, jobs in internet publishing have increased by nearly the same amount...
Employment in the publishing industry, 2016 and 2020
2nd quarter 2020 | 1st quarter 2016 | numerical change | percent change | |
---|---|---|---|---|
Book | 51,450 | 61,919 | -10,469 | -16.9% |
Periodical | 72,648 | 97,212 | -24,564 | -25.3% |
Newspaper | 111,615 | 180,313 | -68,698 | -38.1% |
Internet | 289,794 | 195,714 | 94,080 | 48.1% |
Today, the 55 percent majority of publishing jobs are in internet publishing, up from just 37 percent in 2016.
Source: Bureau of Labor Statistics, Internet Publishing Employment Up 48 Percent, First Quarter 2016 to Second Quarter 2020
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