Politico to expand economic coverage

Politico wants to hire journalists to help it expand its economics coverage, writes Christine Haughney of the New York Times.

Haughney writes, “But Mr. VandeHei said that while he had been steadily expanding Politico in recent years, he had not been overwhelmed with résumés from legions of unemployed journalists. That’s because so many other publications in the Washington area, like The National Journal and Bloomberg, have also been hiring.

“‘The thing about the Washington journalism market that’s different from the rest of the country is that it’s a pretty robust market,’ Mr. VandeHei said. ‘We’ve been hiring in the last three or four years. It’s not like tons of people are running around Washington looking for work.’

“News organizations in Washington also seem to benefit from the high price readers are willing to pay for content. A five-person subscription to Politico Pro costs $8,500. While Mr. VandeHei would not discuss Politico’s revenue, he said that its latest hiring came after an expansion of its coverage into energy, technology, transportation and health care.”

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