“Journalist seeking paycheck? Try India”

Salon.com:

Journalist seeking paycheck? Try India: As U.S. newsrooms shrivel, India’s are booming. And they’re hiring, not firing reporters and editors.

If ever there was a time to take pity on America’s journalists, this would be it.

The U.S. news industry is bleeding jobs. According to the American Society of Newspaper Editors, 2,400 journalists left newspaper newsrooms last year, either through layoffs or buyouts, leaving the industry with its smallest workforce since 1984. Circulation and revenue are falling across the country, as are share prices: Gannett, the country’s largest newspaper publisher, is seeing its stock trade at around one-third its value a year ago; the New York Times Co. is down 45 percent. Classified advertising revenues have dropped 30 percent over the last two years and the last quarter was one of the industry’s worst ever.

Just how bad can it get? The American Journalism Review’s Charles Layton recently concluded that “we may begin seeing, pretty soon, big American cities with no daily newspaper.”

So, what’s an underemployed journalist to do? Some move on to academia or cross over to the dark side of public relations. But a few forward-thinking souls are heading to a land where journalism jobs not only aren’t disappearing, but are more plentiful by the day: India.

(Thanks to A for the link.)

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Hi. I'm Newley Purnell. I cover technology and business for The Wall Street Journal. I use this site to share my stories and often blog about the books I'm reading, tech trends, sports, travel, and our dog Ginger. For updates, get my weekly email newsletter.

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