1. The outlook for most writing and editing jobs is expected to be competitive because many people are attracted to the occupation.

2. Talented writers who can handle highly specialized scientific or technical subjects have an advantage

3. You more likely make more money appling you writing skills if you combine it with knowledge of some other field, for example, Public Relations Specialists, who combine a college degree in public relations, journalism, or another communications-related field with a public relations internship or other related work experience tend to make better money than a typical journalist..

By the way, according the BLS,

Salaries for news analysts, reporters, and correspondents vary widely. Median annual earnings of reporters and correspondents were $31,320 in May 2004. The middle 50 percent earned between $22,900 and $47,860. The lowest 10 percent earned less than $18,470, and the highest 10 percent earned more than $68,250. Median annual earnings of reporters and correspondents were $30,070 in newspaper, periodical, book, and directory publishers and $34,050 in radio and television broadcasting.

Median annual earnings of broadcast news analysts were $36,980 in May 2004. The middle 50 percent earned between $25,560 and $68,440. The lowest 10 percent earned less than $19,040, and the highest 10 percent earned more than $122,800. Median annual earnings of broadcast news analysts were $37,840 in radio and television broadcasting.