Nonprofit Sector Job Growth Greater Than For Profit Sector
A new study by Johns Hopkins University highlights new data from the Bureau of Labor Statistics that reveals surprising trends from nonprofit sector job growth. “Holding the Fort: Nonprofit Employment During a Decade of Turmoil” reports from 2000 to 2010 the nonprofit sector had an annual average job growth of 2.1 percent. Over the same period the for profit sector had an average annual rate of minus 0.6 percent.
Other interesting findings:
- Colorado employs more than 142,000 nonprofit professionals. We make up 7.9 percent of Colorado’s private employment.
- The mountain region of the United States had an average annual job growth rate of 3.4 percent from 2000 to 2010, 1.3 percent more than the average national rate of 2.1 percent.
- 57 percent of all U.S. nonprofit jobs are in the health care field.
- Despite overall growth the nonprofit sector lost market share in several industries including health (-2.9 percent), education (-3.9 percent) and social assistance (-7.4 percent).
Find more information about nonprofit sector employment trends in specific fields and other facts by downloading the full report