Hollywood sheds 17,000 jobs in August amid ongoing strikes

The ongoing strikes by actors and writers are causing a significant downturn in the talent pool in Hollywood.

In August, the film, television, and music sectors collectively saw a decline of 17,000 jobs, a decline attributed to the ongoing strike actions, as reported by the U.S. Bureau of Labor Statistics on Friday.

In contrast, the U.S. economy managed to add 187,000 jobs during the same month, driven by growth in industries such as healthcare, leisure, and construction, surpassing the anticipated 170,000 job increase projected by Dow Jones, CNBC reported.

READ MORE: https://www.cnbc.com/2023/09/01/jobs-report-hollywood-sheds-17000-jobs-in-august-amid-strikes-.html

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