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What we know and what we’re reading this Wednesday morning…
HuffPost has launched what they’re calling the “Real Misery Index,” an online gauge of how Americans are affected by the economic times. According to the release, it will combine “a more accurate unemployment statistic (the U6 formulation), with the inflation rate for three essentials (food and beverages, gas, medical costs), and year-over-year percent increases in credit card delinquencies, housing prices, food stamp participation, and home equity loan deficiencies.” Check it out here.
NYO: The September ad page numbers are out for Conde Nast, and they are grim. The monthly magazines at the company, as a whole, are down 37 percent. Vogue tumbled to 427 pages total, down 36 percent from last September. W is down 53 percent; Allure and Gourmet are down 51 percent; and Vanity Fair dropped 36 percent.
Newspaper readers vs. web surfers: who’s better informed? Check out Slate’s News Junkie Smackdown.
No bidders on the Watergate Hotel (AP).
JOBS after the jump…
Check out MediaJobsDaily.
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