- The U.S. advertising and media industry slashed 18,700 jobs in Dec. ’08, bringing job losses in this recession to 65,100, 3.9% since Dec. ’07.
- The ad industry employed 1.59 million people as of December.
- Internet-media companies and web-search portals added a dismal 800 jobs, bringing employment to 82,200.
- Media companies eliminated 41,000 U.S. jobs, 4.6% from the time the recession began.
- Advertising/marketing-services firms cut 24,100 jobs, or 3.1%.
- Among advertising/marketing-services companies, ad agencies last year cut 6,000 jobs, or 3.2% of staff, and graphic-design firms eliminated 7,400 jobs, or 9.9%.
There were bright spots: Marketing-consulting employment rose by 2,200 … I feel blessed ;-)
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