Wednesday, 15 April 2009

Public Sector Time Bomb

doing some market analysis at moment - and following Barack Obama being more positive about stuff thought i should drag everybody down (particularly the battered print industry).
As we know Public Sector vacancies have been relatively robust at present and this has consequently meant that their share of the total market has grown from 20%(2007) to 40% (2009).
Now whatever government is in power - vacancies have to collapse as spending is cut in next few years to restore some semblance of sanity to government finances.
Sadly this will impact most hard on local papers as it is one area that has not taken a huge dive for them in last 2 years and online migration has not happened as quickly in other areas.

Lets all hope that the private sector's green shoots turn into full blooming economic recovery to mask the public sector recruitment dive.

1 comment:

Zac said...

Local news is taking a serious hit with all the cut backs, citizen journalism is a possible avenue to keep coverage of local events possible