Unemployment

2 articles

A deserted Hollywood studio lot with empty sound stages and silent equipment, symbolizing the economic downturn and production house closures.

Hollywood Production House Closures Spark Economic Downturn Fears

Unemployment among below-the-line crew members in Hollywood reached 45% in Q4 2023, the highest in 30 years, even as streaming services continue to release a record volume of content.

Amelia Frost·June 27, 2026

An empty, dimly lit Hollywood soundstage with an abandoned director's chair, symbolizing the significant job decline and economic contraction in the entertainment industry.

Film & TV

Fears Grow of 'Detroit-Style' Decline as Hollywood Jobs Evaporate

The dream factory is downsizing. A significant Hollywood job decline, fueled by major industry shifts and economic pressures, is leaving tens of thousands out of work and raising fears of a permanent, 'Detroit-style' contraction in the heart of the entertainment world.

Julian Mercer·April 3, 2026