.@ADCOLOR's Tiffany R. Warren says it's been "a difficult year" for DE&I, but she makes the business case for why DE&I is critical to innovation and more important than ever.
https://t.co/2EZkEmyub1
U.S. ad employment reached an all-time high in October, adding 2,300 jobs last month to break an employment record set back in 2000. Click on chart to see my story.
https://t.co/VgMQZlx7xk
@marta_vs_art It is remarkable, @marta_vs_art.
The internet bubble deflated fast because the foundation of that ad spending splurge was so weak.
The ad business seems fundamentally stronger now, but I'm still cautious.
U.S. ad employment in September reached its highest level since 2000. That was back in the dot-com bubble, when internet startups shoveled money into advertising using a cash windfall from venture capital and IPOs. Click on chart to see my story.
https://t.co/GS5fjIpp0P
Happy Labor Day: U.S. ad employment surged by 2,900 jobs in August, strongest gain in a year. Ad agency employment is at an all-time high.
https://t.co/b8FmyqsVje
The unemployment rate since March 2022 has been 3.4% to 3.7%. That mirrors Mar '68-Dec '69, when unemployment also held at 3.4% to 3.7%. That historic stretch ended with the start of a recession in Dec '69. Will there be a soft landing this time?
https://t.co/Aj7xMTq2GB
Ad jobs, add jobs: U.S. advertising employment is at its highest level since the dot-com bubble, and ad agency employment is at an all-time high.
https://t.co/zXnhaXLBME
What recession? Ad employment rebounded in April, and the unemployment rate hasn't been lower than its current level since 1953.
https://t.co/a2t6OEBW7u
U.S. ad employment fell by 2,100 jobs in March, the sharpest drop since January 2021. The question now is whether that’s a foreboding sign of what’s to come in the wake of deep job cuts at ad-related tech companies.
https://t.co/AHyhQnOv3L
First Citizens has been on an ambitious acquisition path, but it still has some of the images of a small local bank. Its CEO's only outside corporate board seat is as a director of... Mount Olive Pickle Co.
N.C.'s @firstcitizens, which just took over failed Silicon Valley Bank, is truly a Holding company, run by the same family for 3 generations. It's led by Frank Holding Jr., grandson of R.P. Holding, who joined the bank in 1918—before computers, before TV, before radio.
After strong gains in 2021 through summer 2022, U.S. ad employment has plateaued.
When all is said and done, ad staffing in February was almost unchanged from September.
https://t.co/WMIMvmGyO4
U.S. ad employment rebounded with a gain of 1,400 jobs in January. Overall U.S. employment surged, and the jobless rate fell. Last time the unemployment rate was lower was … 1953.
https://t.co/EDrMLSmUD0
Ad and promotion spending by #Alibaba in 2021 was nearly 100 times its spending back in 2011 ($147 million), according to @adage Datacenter’s analysis.
Chinese e-commerce titan @AlibabaGroup vaulted to No. 2 from No. 5 in the @adage World’s Largest Advertisers ranking with ad and promotion spending of $14.2 billion in 2021, up 68%.
https://t.co/X6OPx3TPdV
Amazon, Comcast and Procter & Gamble top Ad Age Datacenter’s rankings of the largest U.S. advertisers. Amazon and Alibaba top the rankings of global advertisers. Want to dig deeper? https://t.co/XfjHRznqIK
Those six Chinese ventures in aggregate increased worldwide spending by 50% in 2021. The remaining 94 marketers in the @adage World’s Largest Advertisers ranking increased worldwide spending by 20%.
@adage's new ranking of the world’s top 100 advertisers includes six China-based marketers—internet ventures #Alibaba, #Baidu, @JD_Corporate and #Tencent; auto marketer @SaicMotormg; and food and beverage marketer Yili.
https://t.co/X6OPx4bYs3