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

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Christian Self-Publishers Finally Get Some Respect

These days, Christian self-publishing has moved from the Rodney Dangerfield era to the Aretha Franklin age. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-03-29 00:00:00 UTC ]
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Have We Moved Beyond Church And State? Top Publishers Discuss The Reality Of Native Advertising

Co.Create joined The Atlantic Digital, Vice, Gawker, and College Humor in a talk about how publishers are approaching native advertising. “The truth is, it’s messy shit and there’s no easy way through it." That’s Vice Chief Creative Officer Eddy Moretti talking about the realities of creating... Continue reading at Fast Company

[ Fast Company | 2013-03-26 00:00:00 UTC ]
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Children’s Nonfiction Publishing Comes of Age

Once an afterthought, children's nonfiction publishing is experiencing a revolution, especially in the US, where the segment grew by 5% in 2012. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2013-03-25 00:00:00 UTC ]
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Books on Call on the road

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[ Crains New York | 2013-03-24 00:00:00 UTC ]
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What Went Wrong for Canada’s D&M Publishers

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[ Publishers Weekly | 2013-03-23 00:00:00 UTC ]
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Short Books + Fast Books (and Diet) = Indie Publishing Success

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[ Publishing Perspectives | 2013-03-22 00:00:00 UTC ]
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Death row tale wins children's prize

Annabel Pitcher's Ketchup Clouds is named winner of this year's Waterstones Children's Book Prize. Continue reading at BBC News

[ BBC News | 2013-03-22 00:00:00 UTC ]
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Local Newspaper Publisher Sale Approved

Yardley-based newspaper publisher Journal Register Co. Thursday won court approval to sell its assets to an affiliate of its current owner in exchange for $114 million in secured debt and about $6 million in cash, Bloomberg reported. A New York-bas ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2013-03-22 00:00:00 UTC ]
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Bookshop browsing vital for publishing, research finds

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[ The Bookseller | 2013-03-21 00:00:00 UTC ]
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'Digital publishing first' for Stephen King

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[ The Bookseller | 2013-03-21 00:00:00 UTC ]
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Exceptional Women in Publishing Event Enters Fifth Year

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[ Folio Magazine | 2013-03-20 00:00:00 UTC ]
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Two publishing deals for Lambert

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[ The Bookseller | 2013-03-20 00:00:00 UTC ]
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Marcus Rich joins line-up for PPA's Publishing+ conference

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[ Media Week | 2013-03-20 00:00:00 UTC ]
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Distribution: IPG Signs Up New Publishers

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[ Publishers Weekly | 2013-03-19 00:00:00 UTC ]
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Spanish Magazine Publisher Bets Against the Crisis

Andrés Rodríguez, the publisher and founder of SpainMedia, has much at stake in the debut this month of a Spanish-language edition of Forbes, the American business magazine. Continue reading at The New York Times

[ The New York Times | 2013-03-17 00:00:00 UTC ]
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The Book Is Dead, Long Live the Book

Publishing houses are Germany's intellectual backbone. For many years, they created a culture of literary abundance and generated healthy profits. But in the age of Amazon, ebooks and self-publishing, they could be facing demise. Continue reading at ABC News

[ ABC News | 2013-03-16 00:00:00 UTC ]
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Consortium Announces New Publishers for Distribution

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[ Publishers Weekly | 2013-03-14 00:00:00 UTC ]
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FT and Penguin Publish Lunch with the FT: 52 Classic Interviews

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[ Editor & Publisher | 2013-03-14 00:00:00 UTC ]
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Picador to publish Gatsby tie-in

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[ The Bookseller | 2013-03-14 00:00:00 UTC ]
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Exploring Accessible Publishing for the Print Disabled

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[ Publishing Perspectives | 2013-03-14 00:00:00 UTC ]
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