I usually read the newspaper but skip the business section. I don’t understand most of what’s written there, and I find them too boring to read. I believe this is also the case for those people who are not investors, stockholders, businessmen, and anyone who is uninterested or not knowledgeable about business. But the business section is not entirely devoted to the business-minded people.
Business reporting is essential to us because it gives us information about the ups and downs, the trends, and the latest happenings in the market. We all may not understand the meanings of the figures but we get the idea. And to be honest, there are business reports that are not completely about figures.
For example, an article about the wealthiest people in the Philippines would be a great and interesting read. Many of us would want to know who are cashing in most from our pockets. And through this, we become aware of how we, despite not being businessmen, affect businesses. We must remember that as consumers, we are the ones who put those names in the list of wealthy people.
This kind of reporting makes the readers socially aware by informing them not only about business but also about other things connected to it. Like the issue of the National Anti-Poverty Commission whose function is being questioned. Another is by presenting the current state of the businesses not only the country but all over the world.
Sadly though, there aren’t many business reporters anymore. Many choose to not take this job because one should be first familiarized with business before being able to effectively write about it. Nevertheless, business reporting overall is doing fine. As was written by George Harmon in his article Grading Business Journalism, “[it] has never been better…but we need to ensure that it keeps on keeping on.”
I know that I’m one of those many who wouldn’t take business reporting as their career. But this doesn’t mean I don’t believe in its importance. I am not that 1 out of the 500 undergraduate students who shows interest in business as pointed out by Harmon. But I can be that one who will read the business section. After all, business reports are important.