From January to May of this year, approximately 3,000 journalists in the US were laid off or offered a buyout. The industry hasn’t seen a job market this bad since the height of the recession in 2009, and so far this summer, the news about the news hasn’t been getting any better. The only local paper in Youngstown, Ohio, The Vindicator, will close in August, and 144 full-time jobs will be lost. The Center for American Progress, a think tank aligned with the Democratic Party, is trying to off-load its news site, ThinkProgress, which faces a $3 million deficit this year, according to The Daily Beast. First Look Media announced it would shutter Topic, an award-winning online magazine, and stop funding The Nib, a progressive political cartoon site.
The crisis…
