Yikes! The newspaper industry was absolutely hammered during the recession.
LinkedIn found that the newspaper industry was the fastest-shrinking from 2007 to 2011 with a -28.4% growth rate. Other fast shrinking industries included retail (-15.5%), building materials (-14.2%) and automotive (-12.8%).
The fastest growing industries were renewable energy (+49.2%), internet (+24.6%), online publishing (+24.3%) and e-learning (+15.9%).
In terms of post-recession recovery, IT, marketing & advertising, computer software, and insurance are the largest industries that fell heading towards the end of the recession in 2009 but in 2011 are at or above their 2007 employment level. Financial services is starting its recovery and real estate appears to have bottomed out. Several industries such as newspapers, supermarkets and telecom have continued to shrink throughout the sample period. We were also able to glean the fastest-growing and fastest-shrinking job titles as the Economist noted earlier today.
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