The U.S. economy continues to create more jobs, but roles are disappearing at the nation’s advertising agencies.
Preliminary figures from the Bureau of Labor Statistics (BLS) show American businesses added 139,000 jobs in May on a seasonally adjusted basis.
But positions at U.S. advertising agencies, which the government reports on a one-month delay, declined from 220,500 in March to 219,500 in April, per BLS.
Overall, the number of jobs at ad agencies has dropped by nearly 4% from a peak of 228,000 in April 2023.
Employment across the advertising industry, including PR firms and other related services, declined from 490,700 jobs in April to 488,600 in May—a 0.4% decrease.
Figures like these align with fears about job security at agencies, especially those owned by major holding compa