How has the Downturn in the Economy Affected You? July 2, 2009Posted by David W. King in Uncategorized.
Tags: Economy, Music, Reverbnation, Unemployment
According to the latest breaking unemployment figures, another 467,000 people joined the ranks of the unemployed in June. This brings the unemployment figures to the highest they have been in 26 years. Workers also saw weekly wages fall, suggesting that Americans have little appetite for spending.
ReverbNation recently conducted a survey of artists in an attempt to learn how the downturn was affecting their everyday lives across a variety of factors. The general perception is that this downturn in the economy has affected them in a negative way with many respondents citing that they are touring less, receiving less for the gigs that they are playing, they are being asked to split a larger percentage of the proceeds of their merchandise tables with venue owners,
Here is the results of that survey as it appeared on Hypebot:
How has the economy affected you?