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Industry Outlook

According to the U.S. Department of Labor, employment in television broadcasting is expected to show little change or decline in some professions through 2024. For example, reporters, correspondents, and news analysts will have a decline in employment. Factors expected to contribute to this slowed growth rate include consolidation of stations under large networks, which allows networks to share programming and make better use of workers. New computerized technologies require less specialized training for their operation, reducing the need for certain types of workers, particularly those in editing, recording, and graphics creation. Competition from cable systems, satellite, streaming, and other pay television services, and from widespread use of the Internet will also contribute to the slower growth in employment. Some broadcasting jobs will fare better than others, though: for instance, broadcast and sound engineering technicians are projected to have average employment growth through 2024. TV and radio stations, as well as businesses and schools are buying new equipment to improve their video and audio capabilities.

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