{"id":394,"date":"2003-12-08T09:29:23","date_gmt":"2003-12-08T09:29:23","guid":{"rendered":"http:\/\/tommangan.net\/printsthechaff\/?p=394"},"modified":"2003-12-08T09:29:23","modified_gmt":"2003-12-08T09:29:23","slug":"hope-you-like-your-job","status":"publish","type":"post","link":"https:\/\/tommangan.net\/printsthechaff\/2003\/12\/hope-you-like-your-job\/","title":{"rendered":"Hope you like your job"},"content":{"rendered":"<p><a href=\"http:\/\/www.editorandpublisher.com\/editorandpublisher\/headlines\/article_display.jsp?vnu_content_id=2047173\">&#8230; because there&#8217;s not going to be much hiring next year, E&#038;P reports. And I just love this part: <\/a><\/p>\n<blockquote><p>Companies &#8220;see some improving advertising trends right now,&#8221; and that keeps them from continuing to downsize, said Kevin Gruneich, newspaper analyst with Bear, Stearns &#038; Co. But he predicted industry employment will stay flat next year. Most companies have &#8220;tackled health care and benefits costs pretty well, as they&#8217;ve pushed most of that cost to the employees. &#8230; But given that the advertising recovery has been choppy, we just don&#8217;t see much movement to hire at this point.&#8221;<br \/>\n<BR><BR><br \/>\nPeter Appert, who follows newspapers for Goldman Sachs, said that after having cut an estimated 10% out of the workforce over the past three years, publishers could still trim as much as 1% next year. Companies are intent on protecting or growing profit margins, and he projected labor costs would rise about 4% to 5%. Reductions will come through attrition in manufacturing, distribution, and administration, rather than news and sales, he predicted.<\/p><\/blockquote>\n<p>People will always be cynical about the motives of the press when its publishers have such high standards of decency and justice for everybody but themselves.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8230; because there&#8217;s not going to be much hiring next year, E&#038;P reports. And I just love this part: Companies &#8220;see some improving advertising trends right now,&#8221; and that keeps them from continuing to downsize, said Kevin Gruneich, newspaper analyst&hellip;<\/p>\n<p class=\"more-link-p\"><a class=\"more-link\" href=\"https:\/\/tommangan.net\/printsthechaff\/2003\/12\/hope-you-like-your-job\/\">Read more &rarr;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"https:\/\/tommangan.net\/printsthechaff\/wp-json\/wp\/v2\/posts\/394"}],"collection":[{"href":"https:\/\/tommangan.net\/printsthechaff\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tommangan.net\/printsthechaff\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tommangan.net\/printsthechaff\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tommangan.net\/printsthechaff\/wp-json\/wp\/v2\/comments?post=394"}],"version-history":[{"count":0,"href":"https:\/\/tommangan.net\/printsthechaff\/wp-json\/wp\/v2\/posts\/394\/revisions"}],"wp:attachment":[{"href":"https:\/\/tommangan.net\/printsthechaff\/wp-json\/wp\/v2\/media?parent=394"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tommangan.net\/printsthechaff\/wp-json\/wp\/v2\/categories?post=394"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tommangan.net\/printsthechaff\/wp-json\/wp\/v2\/tags?post=394"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}