A Tale of Two Economic Indicators: Publishing’s Long Road to Recovery Will Require More Detours

This morning I woke up to two very different pieces of news, yet they are very much connected. The first was the news that the U.S. unemployment rate fell to 11.1% in June, and as a nation we added 4.8 million jobs to the economy. Certainly it’s good news that the trend line has moved downward for two straight months, and people are returning to work. [caption id="attachment_182239" align="alignright" width="300"] Source: Bureau of Labor Statistics[/caption] Still, economists warn that May and June’s numbers are a little rosier than reality, due to the tracking methodologies. I won’t get into this since it’s not really the point I’m working towards. And regardless of what the numbers might actually be, neither May nor June were particularly good. Make no mistake about that. No matter how much spin you put on it, double-digit unemployment figures are not an indicator of a strong economy, regardless of what a month-over-month trend line looks like, or how the stock market is performing. After all, when you zoom out a little further, that line looks especially bad when just five months ago our unemployment rate was 3.8%. And for what it's worth, soaring stock markets don't change the fact that millions have people have lost their jobs and entire industries have been decimated. Obviously there are extenuating circumstances that are responsible for where we are today. COVID-19 has ravaged our lives and our economy, and it happened almost overnight. So believe me when I say I... Continue reading at 'Folio Magazine'

[ Folio Magazine | 2020-07-02 16:42:10 UTC ]
News tagged with: #annual celebration #bounce back #great deal #sincerely hope

Other Publishing stories related to: 'A Tale of Two Economic Indicators: Publishing’s Long Road to Recovery Will Require More Detours'


Guppy Books to publish tale of Japan's 2011 tsunami

Children's indie Guppy Books is to publish Tsunami Girl, a part novel, part manga by Julian Sedgwick, illustrated by manga artist Chie Kutsuwada. Continue reading at The Bookseller

[ The Bookseller | 2020-05-06 19:42:02 UTC ]
More news stories like this | News stories tagged with: #guppy books #manga


It Hasn’t Taken Long for COVID-19 to Wreak Havoc on Publishing

A lot has happened since I wrote to you last week about the rapid spread of COVID-19, its impact on all of us in publishing and our continued commitment to serve you. As I stated then, Folio: will keep our promise to seek out positive stories on how our community can get through this... Continue reading at Folio Magazine

[ Folio Magazine | 2020-03-26 13:00:37 UTC ]
More news stories like this | News stories tagged with: #rarely deliver #month ago #biggest threat #human capital #invisible hand #publishing industry


Two Roads pre-empts 'fascinating' Charles novel after 12-publisher battle in US

Two Roads has pre-empted a “fascinating” novel by Janet Skeslien Charles that was the subject of a 12-way auction in the US and 17 other foreign rights deals. Continue reading at The Bookseller

[ The Bookseller | 2019-12-13 00:50:28 UTC ]
More news stories like this |


Walker to publish Michael Rosen's family tale of the Second World War

Walker Books will publish Michael Rosen’s The Missing; The True Story of my Family in World War Two in January 2020. Continue reading at The Bookseller

[ The Bookseller | 2019-11-26 17:56:29 UTC ]
More news stories like this | News stories tagged with: #walker books #world war #true story


Lessons: The Less-Traveled Road to Getting a Book Published

Networking happens outside of Brooklyn, and New York isn't the only game in town: a list of lessons about publishing a book and making it worthwhile. The post Lessons: The Less-Traveled Road to Getting a Book Published appeared first on The Millions. Continue reading at The Millions

[ The Millions | 2019-11-21 11:00:05 UTC ]
More news stories like this | News stories tagged with: #post lessons #book published


A decorated Marine, badly injured in Afghanistan, shares his hard road to recovery

In his memoir, says Medal of Honor winner Kyle Carpenter, he wants to offer hope. Continue reading at The Washington Post

[ The Washington Post | 2019-10-31 21:42:22 UTC ]
More news stories like this | News stories tagged with: #hard road


Publishers Are Missing the Point: Private Browsing Isn’t a Roadblock, It’s a Road Map

The publishing industry was up in arms over the summer when Google officially closed the loophole in its Chrome browser that allows website owners to detect whether a visitor has enabled Incognito mode to view their site. The complaint? It effectively undermined publishers’ efforts to prevent... Continue reading at Publishing Executive

[ Publishing Executive | 2019-10-31 16:47:22 UTC ]
More news stories like this | News stories tagged with: #road map #chrome browser #publishing industry


W&N wins seven-publisher auction for Pennock's tale of Native Americans discovering Europe

W&N has triumphed in a seven-publisher auction for Aztec historian Caroline Dodds Pennock’s untold story of the Native Americans who discovered Europe. Continue reading at The Bookseller

[ The Bookseller | 2019-10-16 19:15:44 UTC ]
More news stories like this | News stories tagged with: #seven-publisher auction #untold story #native americans


Barker questions publishing's long-term commitment to diversity

Pat Barker says she has a distrust of the publishing industry’s regional and class diversity drives because it could be "fashionable" and may not represent a long-term commitment. Continue reading at The Bookseller

[ The Bookseller | 2019-05-27 18:57:47 UTC ]
More news stories like this | News stories tagged with: #long-term commitment #pat barker #publishing industry


Cape to publish The Handmaid’s Tale graphic novel

Vintage imprint Jonathan Cape will publish the graphic novel adaptation of Margaret Atwood’s The Handmaid’s Tale later this month.  Continue reading at The Bookseller

[ The Bookseller | 2019-03-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #margaret atwood


The Guardian view on Dan Mallory: a twisted tale of publishing | Editorial

The story of Dan Mallory, aka the bestselling author AJ Finn, reads like a thriller. But it asks uncomfortable questions of the literary worldA true story worthy of a Patricia Highsmith thriller was published this week in the New Yorker. The magazine detailed the deceptions of Dan Mallory, who... Continue reading at The Guardian

[ The Guardian | 2019-02-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #white men #hachette uk #year announced


UK sales director Sauerwine to leave Kings Road Publishing

Andrew Sauerwine is stepping down from his role as UK sales director of Kings Road Publishing "to seek new opportunities".  Continue reading at The Bookseller

[ The Bookseller | 2019-01-17 00:00:00 UTC ]
More news stories like this | News stories tagged with: #andrew sauerwine


Atwood to publish sequel to The Handmaid's Tale in 2019

Margaret Atwood is writing a sequel to The Handmaid’s Tale, set 15 years after Offred's ambiguous final scene in the acclaimed 1985-published novel. Continue reading at The Bookseller

[ The Bookseller | 2018-11-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #margaret atwood #publish sequel


Industry Notes: Jon Fine Leaving Open Road; Baker & Taylor’s Devasar Leads Publishers

After a year with Open Road, attorney and former Amazon executive Jon Fine is heading to American Media. And in India, Baker & Taylor's Nitasha Devasar helms the publishers association's executive committee. The post Industry Notes: Jon Fine Leaving Open Road; Baker & Taylor’s Devasar... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-11-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #baker taylor #open road #american media #publishers association #executive committee


Rappaport to Succeed Fine as Open Road Publisher

Philip Rappaport has been promoted to senior v-p and publisher of Open Road Integrated Media succeeding Jon Fine who is joining American Media as deputy counsel. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-11-07 00:00:00 UTC ]
More news stories like this |


Byng snaps up tale of ex-publisher's drugs battle

Canongate c.e.o. Jamie Byng has bought a memoir of a former publisher in the US whose life descended into "drug-fuelled chaos". Continue reading at The Bookseller

[ The Bookseller | 2018-10-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #jamie byng


Tales from Publishing takes on first authorised biography of Emery

Independent Tales from Publishing has bought the first authorised biography of new Arsenal FC manager Unai Emery. Continue reading at The Bookseller

[ The Bookseller | 2018-09-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #authorised biography


This classic economic theory could save the digital publishing business

Last year, for the first time ever, more money was spent advertising online than on traditional television. So why are digital publishers still struggling? Sponsored by Rumble. The post This classic economic theory could save the digital publishing business appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2018-09-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #digital publishers


Orion to publish Italian tale of love and war inspired by true events

Orion is publishing a story of love, war, family and betrayal, based on the true story of a little-known massacre in Civitella, Italy during the Second World War.   Continue reading at The Bookseller

[ The Bookseller | 2018-07-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #thetrue story #world war #true events


Digital publishers with Hollywood ambitions adapt to new economics

Companies like Hearst and Vox Media navigate the publisher model of creating content they own and the producer model of selling shows they don’t. The post Digital publishers with Hollywood ambitions adapt to new economics appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2018-05-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #digital publishers #creating content