'Forbes' Puts Journalists on Endangered Species List

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By: E&P Staff In its new feature, Worst Jobs for the 21st Century, Forbes magazine pegs the journalism profession as not exactly a hot ticket to a long career in coming decades.

After mentioning a few other professions in retreat -- including computer programmers (unless you live overseas) -- it gets to this:

"Another endangered species: journalists. Despite the proliferation of media outlets, newspapers, where the bulk of U.S. reporters work, will cut costs and jobs as the Internet replaces print. While current events will always need to be covered (we hope), the number of reporting positions is expected to grow by just 5% in the coming decade, the Labor Department says. Most jobs will be in small (read: low-paying) markets."

Elsewhere it explains: "As anyone who works in the news business can attest, sagging ad revenue, rising newsprint costs and Internet competition are quickly changing this industry. Large metropolitan dailies have cut jobs and the size of their papers. Of course there will always be a demand for news, but the government projects news jobs will grow at a meager 5% by 2014. Best places to look for work: small-town and suburban newspapers, TV and radio."

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