Despite Media Upheaval, Business Journalists Are Optimistic About Their Futures

A surprising study out of the Reynolds National Center for Business Journalism at Arizona State University reports that business news journalists remain surprisingly optimistic about their jobs and careers, despite the upheaval and radical downsizing going on in the media industry.

“I found a shocking amount of optimism, grit and determination in those findings,” said professor Tim McGuire, who retired in 2002 as editor of the Star Tribune in Minneapolis. McGuire is the Frank Russell Chair for the Business of Journalism at ASU’s Cronkite School.

Specifically, McGuire was surprised that almost a third reported an increase in pay over the past two years and that seven out of 10 business journalists say they are more or just as satisfied with their jobs as they were five years ago. Almost three-fourths plan to stay in journalism for the next five years.

Post on the Reynolds site here, including a slide deck about the study.

Post on McGuire's blog here.