Actor Karen Brown walks the picket line with fellow SAG-AFRA actors and Writers Guild of America (WGA) writers in front of Paramount Studios in Los Angeles, California, July 17, 2023.
Mike Blake | Reuters

Hollywood’s labor pool is taking a hit as the dual strikes by actors and writers drag on.

The film, TV and music sectors shed a combined 17,000 jobs in August, “reflecting strike activity,” the U.S. Bureau of Labor Statistics said Friday morning.

In contrast, the U.S. economy added 187,000 jobs during the month, spurred by growth in the health care, leisure and construction industries. It topped the 170,000 jobs forecast, according to Dow Jones.

The job losses for the motion picture and sound recording industries underscore one effect of the Writers Guild of America and SAG-AFTRA strikes, which began in May and in mid-July, respectively. In the months since, several notable films and shows halted or wrapped production early.

Hollywood’s massive work stoppage has also had a widespread impact on other sectors such as hospitality and real estate, costing California’s overall economy an estimated $3 billion so far. Hollywood’s striking writers and actors are negotiating with legacy studios for better pay as streaming and the threat of artificial intelligence affect their compensation.

Last month, writers’ union WGA said it received a new proposal from the Alliance of Motion Picture and Television Producers, the body representing major studios like Netflix, Disney and Amazon, to resume talks.

It came after weeks of stalemate and slow progress.

You May Also Like

Kohl’s shares spike as retailer reports a surprise profit

People walk near a Kohl’s department store entranceway on June 07, 2022…
NBC Olympics 2024 playbook has so far paid off

NBC Olympics 2024 playbook has so far paid off

Mike Tirico is seen on the set of NBCUniversal Paris 2024 Olympics…

California to impose regional stay-at-home order to ease Covid hospitalizations, governor says

California governor Gavin Newsom Rich Pedroncelli | Pool | AP California will…

Kraft Heinz looks to revamp Oscar Mayer brand, cut 20% of products, as it rethinks business

DJ O’Keefe, 12, and his sister Dallas O’Keefe, 13, both of Rochester,…