Journalism Labor Forces Supply and Demand: Is Oversupply and Explanation for Low Wages?
By
Lee B. Becker, Vernon A. Stone and Josepf D. Graf
Abstract
Radio and television stations consistently have offered entry-level news salaries below those provided by daily newspapers, public relations, and advertising employers. The data reported in this paper show an oversupply of labor in radio news, television news, and daily newspapers. That oversupply probably serves to hold down salaries generally and to explain the lower pay in television news in comparison with daily newspapers. Television has many more persons seeking entry-level jobs than jobs available.
Becker, L. B., Stone, V. A., and Graf, J. D. (1996). Journalism Labor Force Supply and Demand: Is Oversupply an Explanation for Low Wages? Journalism & Mass Communication Quarterly, 73 (3), 519-533.