U.S. newspaper industry in rapid decline
Many flock to Internet for latest news
The newspaper with a cup of coffee before the start of the work day is a longtime American institution that could soon be on the way out. Countless newspapers across the United States have closed their doors or have gone to online-only editions. This industry's decline in the 21st Century is the result of technological advances and changing reader demographics, which imply that the newspaper, printed on paper, and out-of-date upon arrival is headed the way of the dodo bird.
Many smaller newspapers have given up in the light of desktop technology and Internet ready information.
Newspaper jobs appear to be in much worse shape than other areas of the media industry.
According to the Bureau of Labor statistics, the U.S. journalism industry lost jobs at the pace of almost three times more than the economy's average of the total, at a monthly rate of 22.23 percent and 8.1 percent, respectively. There have been 166 U.S. newspapers that have shut down or stopped putting out a print edition since 2008. There are two bright spots -- Online news jobs are growing rapidly and magazine sales are increasing at an exponential rate, which flies in the face of the U.S. becoming an Internet-tuned in, "post literate" society.
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Pope Francis Prayer Intentions for March 2014
Respect for Women: That all cultures may respect the rights and dignity of women.
Vocations: That many young people may accept the Lordís invitation to consecrate their lives to proclaiming the Gospel.
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