There is plenty of evidence for gloom: the newspaper industry is the fastest-shrinking of them all, and the online ad shares of newspapers have sunk to an all-time low. Hopefully, two studies released this week will help lower your blood pressure; auspicious statistics are a rare commodity these days.
As I’ve written about before, studying journalism may not be such a bad idea. A new study from Georgetown University showed that it’s certainly no worse than studying social science, arts, architecture or law and public policy. Recent graduates with journalism degrees had a 7.7 percent unemployment rate (lower than the aforementioned areas of study), with architecture faring the worst at 13.9 percent. Like any other industry, the unemployment rate in journalism decreased with experience and the attainment of a graduate degree. On average, recent grads can expect $32,000, which increases to $58,000 with experience, and $66,000 after graduate studies. The fields with the lowest unemployment rates were health and education, both at 5.4 percent. Read more