August 10, 2008

Job market good for young journalists

Despite large layoffs in the traditional media, the job market for journalism graduates has remained largely unchanged, a newly-released survey finds. The employment rate is holding steady, while salaries are increasing in some cases.

The findings, by
the University of Georgia's James M. Cox Jr. Center for International Mass Communication Training and Research, include:
  • On Oct. 31, 2007, 63.3% of the bachelor's degree recipients had a full-time job, a figure nearly identical to the 2006 report of 64%. Almost all of the 2007 bachelor's degree recipients who looked for work had at least one in-person job interview in the six to eight months after graduation.
  • The median salary for 2007 bachelor's degree recipients was $30,000 -- exactly the same as the median salary for 2006 grads. Meanwhile, the median salary for 2007 master's degree recipients was $40,000 -- $2,000 higher than a year earlier.
Given the current turmoil of the industry, many analysts consider this good news.

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