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Newsmakers

State of the News Media 2016

ImageEight years after the Great Recession sent the U.S. newspaper industry into a tailspin, the pressures facing America’s newsrooms have intensified to nothing less than a reorganization of the industry itself, one that impacts the experiences of even those news consumers unaware of the tectonic shifts taking place. In 2015, the newspaper sector had perhaps the worst year since the recession and its immediate aftermath. Average weekday newspaper circulation, print and digital combined, fell another 7% in 2015, the greatest decline since 2010. While digital circulation crept up slightly (2% for weekday), it accounts for only 22% of total circulation. And any digital subscription gains or traffic increases have still not translated into game-changing revenue solutions. In 2015, total advertising revenue among publicly traded companies declined nearly 8%, including losses not just in print, but digital as well.

What's it really like trying to find work as a recent journalism graduate?

ImageThere used to be a perception that a university degree would result in a bright job future. You’d put in three or four years of hard work and be rewarded by open-armed employers ready to put your skills to use. Reality is much harsher than this and getting a full-time gig can be really, really challenging. Journalism students face a particularly uncertain future, with universities continuing to pump an oversupply of graduates into the job market. According to the Media, Entertainment and Arts Alliance, there are an estimated 10,000 journalists employed in Australia, with an estimated 6,000 of those in freelance, part-time or casual roles. Crikey found there were 1750 journalism students enrolled across each undergraduate year level in a one-year period, equalling 17.5 per cent of the industry in just one year’s supply of graduates.

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