December 13, 2002
|Equity's 2002 Annual Report Now On-Line - Theatres Survive the "Long Shadow" of 9-11, says Equity's Guy Pace|
Employment Declines by 4.5%, Earnings Down by 2.7% In Comprehensive Employment Survey
Actors' Equity Association's 2002 Annual Report, a comprehensive employment and financial survey of Equity members for the 2001-2002 season, is now online. The report was also published in December's EQUITY NEWS.
According to Guy Pace, Equity's Assistant Executive Director for National Administration and Finance, the report clearly demonstrates the long-term effects that the terrorist attacks on 9-11 had on the theatre industry. National employment, measured by actor work-weeks, declined by 4.5%, while earnings declined by 2.7%. Pace concludes however, that the results could have been "a lot worse," given the attacks as well as other factors, such as the continued economic recession, the volatility of the stock market, and a decline in public and private funding for the arts.
Among the highlights of the report:
Besides Broadway, the effects of 9-11 were keenly felt at Florida's Disney World, which showed a decline of 15% in work weeks and 20% decline in earnings, due to the loss in tourism.
The 2002 Annual Report is posted in the Document Library.