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'


Insight: How Three UK Publishers Are Finally Making The Most Of Digital

For the first time in a long time some optimism is returning to the publishing industry. Circulation numbers and revenues were decimated by the rise of the internet and while the future for print still looks shaky, the companies behind newspapers and ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2013-05-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #long time #uk publishers #publishing industry


PublishNews Brazil: Brasilia Debates the Future of Digital Publishing

In this week's PublishNews Brazil, we look at Brasilia's debate on future of digital publishing, FNLIJ's awards for kid's lit, and Brazil's turn as the focus of the Gothenburg Book Fair in 2014. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2013-05-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #publishnews brazil #digital publishing


INscribe Signs Eight New Publishers

E-book distributor INscribe Digital has added a number of new publishing partners, taking on publishers in the university press, Christian publishing, and Spanish-language areas. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-05-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #publishing partners #university press #christian publishing


Amazon launches Kindle Worlds publishing platform for fan fiction, will pay royalties to writers and rights holders

Amazon's taken a number of steps to bring different types of content to the Kindle Store, and it's now venturing into an area that has a long history with the internet: fan fiction. The company's today announced Kindle Worlds, a new publishing platform that promises to pay writers royalties for... Continue reading at Engadget

[ Engadget | 2013-05-22 00:00:00 UTC ]
More news stories like this | News stories tagged with: #warner bros #alloy entertainment #gossip girl #vampire diaries #finer details #press release #kindle worlds


Why I Publish Ebooks on Paper for South Africans

Arthur Attwell, founder of Paperight, explains why his company has leveraged the network of photocopy shops throughout South Africa to cater to hard-to-reach readers. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2013-05-21 00:00:00 UTC ]
More news stories like this | News stories tagged with: #publish ebooks #south africa


Bakker's The Detour wins Independent Foreign Fiction Prize

Dutch writer Gerbrand Bakker has won this year's £10,000 Independent Foreign Fiction... Continue reading at The Bookseller

[ The Bookseller | 2013-05-20 00:00:00 UTC ]
More news stories like this |


L,B's Blackfriars to publish crowd-sourced digital novel

Little, Brown's Blackfriars digital-only imprint will publish a novel created by authors... Continue reading at The Bookseller

[ The Bookseller | 2013-05-20 00:00:00 UTC ]
More news stories like this |


Willetts: Publishers add 'genuine value'

Universities minister David Willetts this week praised the “genuine added value” of... Continue reading at The Bookseller

[ The Bookseller | 2013-05-17 00:00:00 UTC ]
More news stories like this |


Apple's E-Book Argument: Deals With Publishers Improved Competition

By negotiating for an agency pricing model with publishers, Apple says, it was simply seeking to enter a new market and offer competitive prices. Continue reading at AllThingsD

[ AllThingsD | 2013-05-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #e-book argument


Innovation Taking the Publishing Business Beyond Borders

Smart publishers are thinking of their business as global instead of local. This may come as a surprise to some who see it as a novelty instead of the norm. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2013-05-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #publishing business


In ebook case, Apple says publishers had already taken measures to counter Amazon

Concerned about Amazon.com's low pricing of ebooks, publishers had taken measures as early as 2009 such as "windowing," a practice of delaying ebook releases to benefit sales of hardcover editions, Apple said in a filing in an ebook price-fixing lawsuit.The U.S. Department of Justice in an... Continue reading at PC World

[ PC World | 2013-05-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #low pricing #hardcover editions #antitrust lawsuit #agency model #district court #southern district #app store


Are Publishers in South Korea Gaming Their Bestseller Lists?

Allegations of stockpiling and best-seller list manipulation have rocked the publishing world in South Korea as publishers combat decreasing book sales. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2013-05-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #bestseller lists #publishing world #south korea


MEI Portico Version 2.5 for Adobe Digital Publishing Suite Now Available

Jenkintown, PA (May 14, 2013) — MEI Portico™ version 2.5 has been released today as part of Managing Editor Inc.’s lineup of solutions for digital publishers. MEI's Portico delivers a tailored app experience ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2013-05-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #released today #managing editor #digital publishers


Self-published book among Commonwealth regional winners

A self-published author has featured among the regional winners of the Commonwealth Book Prize.... Continue reading at The Bookseller

[ The Bookseller | 2013-05-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #self-published book #self-published author #regional winners


Apple tells DOJ: 'we negotiated individually with publishers'

Apple has responded to the US Department of Justice's charge that it conspired with... Continue reading at The Bookseller

[ The Bookseller | 2013-05-15 00:00:00 UTC ]
More news stories like this |


Publishers round on Dangdang over free ebooks

Chinese publishing houses, long frustrated by the sale of pirated books in the country, have... Continue reading at The Bookseller

[ The Bookseller | 2013-05-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #free ebooks


Love Charing Cross Road to return

The Charing Cross Road Festival—Love Charing Cross Road—will return to the famous... Continue reading at The Bookseller

[ The Bookseller | 2013-05-09 00:00:00 UTC ]
More news stories like this |


Gloomy Outlook Persists for Newspaper Publishers Torstar and Quebecor

(Reuters) - Canadian newspaper publishers Torstar Corp and Quebecor Inc delivered more bad news to investors on Wednesday, saying that cost cuts were failing to keep pace with an accelerating decline in print media revenue. Torstar sha ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2013-05-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #bad news #cost cuts #print media


Big Data and MOOCs Herald Change for Academic Publishers

This year's US Innovations Seminar of the International Association of STM Publishers focused on the impact of data mining, MOOCs and new author/researcher tools. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2013-05-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #big data #academic publishers #data mining


Are Extravagant Publisher’s Stands at Book Fairs Worthwhile?

Do extravagant stands at book fairs make a difference? Are they a mere splurge, or might they spark the interest of an investor or catch the eye of an author or agent? Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2013-05-06 00:00:00 UTC ]
More news stories like this |