Happy Stats? Media Layoffs Down By 27%
Some sort-of-good, or at least better-than-last-year, economic news about 2012: The media industry -- "a category that includes television, movies, print journalism and music" -- suffered 27% fewer announced layoffs last year than in the year before, writes Paul Bond. That makes 5,641 media job losses in 2012 versus 7,720 in 2011. And of 28 different industries tracked, "only seven of them boasted fewer layoffs than media in 2012."