Will the disappearing jobs in tech and media ever come back?

Posted on AllSides February 7th, 2023
From The Center
Justin Sullivan (Getty Images)
ANALYSIS

When the economy gets worse, companies cut their advertising budgets. This truism has played out throughout the last year as economists have nagged about a potential US recession.

Companies dependent on advertising revenue, including some of the largest firms in Silicon Valley, have felt the brunt of this pull-back. After experiencing 25% growth in 2021 fueled by pandemic internet usage, the US digital ad market grew less than 10% in 2022, according to data shared with Quartz from the market research firm Insider Intelligence. This pace of growth is more...

Read full story
Some content from this outlet may be limited or behind a paywall.

AllSides Picks

https://qz.com/will-the-disappearing-jobs-in-tech-and-media-ever-come-1850079903

More News about Business from the Left, Center and Right

From the Left

From the Center

From the Right