Yet another story has surfaced recently that epitomizes the struggles of the daily newspaper industry. In an effort to cut costs to deal with sagging readership stats and the corresponding decline in advertising revenue, the Minneapolis Star Tribune announced that it will no longer provide free copies of its paper in the newsroom. Employees could [...]
The issues surrounding the impact of retiring baby-boomers on the U.S. workforce have obviously received widespread attention over the past few years, and for good reason. The demographics of the U.S. labor force will undergo a dramatic transformation in the decades ahead as 76 million people enter their retirement years. And while the broader topic [...]
The issues relating to corporate anti-smoking policies seem to have died down a bit since last fall, but I am still curious about the long-term impact of the announcement that Scotts Miracle-Gro Co. will begin, later this year, firing employees who have not quit smoking. Scotts took dramatic action with its anti-smoking policy because it [...]
A few months ago, at the request of a colleague who teaches an MBA finance class, I gave a presentation to a group of students on start-ups and early-stage private equity fundraising. After my 20-minute presentation, not a single student asked a question. I didn’t even get any dumb questions. While I certainly recognize the [...]
The following are a series of industry estimates from a variety of sources regarding various aspects of the advertising market, both offline and online, including but not limited to recruitment advertising.
• Kelsey Group predicts that local search on the web will be a $13 billion market by 2010. The same report estimates that daily newspaper [...]
When JobDig launched its Twin Cities edition of JobDig, it was the 6th printed jobs newspaper in the market. Daily newspapers included the Star Tribune and the St. Paul Pioneer Press, while the weekly jobs papers included Trader’s Employment Guide, The Twin Cities Business Journal’s Employment Weekly, The Employment News, and JobDig. With the recent [...]