Dark days for advertising and journalism jobs as the media recession deepens

The headlines this week were triumphant – employment site Seek reported Australian jobs were up 13.2% in the best results for the economy this decade. But things were not so rosy in the advertising, arts and media sector.

With a 14% fall in job ads, the statistics showed how deeply the current downturn in advertising spend is affecting all aspects of the media industry.

Seek job ad changes 2016 to 2017

That the sector is suffering a decline isn’t surprising seeing advertising revenues continue to collapse in the Australian media, with SMI reporting digital and outdoor dragging spending away from newspapers and magazines in a largely stagnant market.