Newspapers going down the toilet

By Around the Web

(GUARDIAN) — An analysis of industries in the United States by the Council of Economic Advisors (CEA), the White House agency that advises the president on economic trends, has found that newspapers are America’s fastest-shrinking industry.

A quick look at the winners and losers can be found on the Linkedin blog. Scroll down the list to the very bottom and there is the newspaper industry, down by 28.4% over five years.

It is a depressing statistic, picked up by Robert Niles on his online journalism blog and prompting him to ask: “Is any university in America still admitting students as print journalism majors?”

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