Tuesday, December 22, 2009

90,000 jobs and 142 papers lost in the US

142 papers came to an end in the United States this year reports Alan Mutter,three times the level of 2008.


the toll seemed smaller than some observers expected.
There are three reasons for that, the residual monopoly power of the industry, the magic of the bankruptcy system and the irrepressible optimism of publishers.

Little comfort though to the more than 90,000 people who lost their jobs in the various print publishing industries in the last 12 months.

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