Is Porn Shutdown to Blame for Killing Jobs?

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Sept. 6 (Bloomberg) -- Bloomberg's Mike McKee discusses the job losses in the motion picture industry and whether a temporary shutdown in the adult film business had an effect. He speaks with Erik Schatzker and Stephanie Ruhle on Bloomberg Television's "Market Makers." (Source: Bloomberg)

There are all kinds of problems out there.

Why aren't we educating the new generation for the skills they will need?

It is not happening.

Mike, what is this report about the triple x movie industry -- pornography.

In the motion picture industry they lost 22,000 jobs in the month of august.

It's normally an industry that is somewhat stable.

But there is no good explanation right now.

Some people have looked and found the story that in august, porn movie production was suspended in california after an actress announced she had hiv.

It was roughly the time that the employment survey was taken.

There are that many -- it could have had an effect.

You only have to work one hour during the time they take the survey to be counted and the moratorium apparently did not take effect until later during the survey.

As far as we can tell, there is about 10,000 people working in the industry in southern california.

And finally, with the bls --

This text has been automatically generated. It may not be 100% accurate.

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