CNBC is reporting on those jobs expected to experience the greatest decline in the next 10 years.
Tops on the list:
“Reporters and Correspondents
Employed in U.S.: 61,600
Change expected in next decade: -8%
Average salary: $34,850
Consolidation and convergence are the top reasons the news industry is shrinking. News outlets are increasingly sharing each other’s content, which means they need fewer reporters and correspondents.
The news business gets hit particularly hard during economic downturns as most revenue comes from advertising, and companies spend less on advertising during a slump. Improving technology is one bright light, which could drive some employment in online or mobile divisions.
Competition is expected to be intense for jobs at large and national newspapers, broadcast stations and magazines. The best opportunities are expected to be with smaller, local news outlets as well as for online news organizations, as technology generates demand for online reporters or mobile news units. Writers who can handle scientific or technical subjects will have an advantage.”
This is enough to make one very sad…and the salaries too. Who’d want a profession that’s guaranteed to enable enrollment in food stamps?
This was once an honorable and valued profession. What happened?