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Non-Profits Are Leaders in Job Growth

October 4, 2010 Posted by The Law Firm for Non-Profits, P.C. in Jobs

Nonprofits are adding jobs at a higher rate than the economy as a whole according to a study by the Johns Hopkins University Center for Civil Society. As reported by Caroline Preston in the The Chronicle of Philanthropy (http://bit.ly/lfnp110j), in 21 states studied between 2007 and 2009, the number of jobs at nonprofits INCREASED on average of 2.5% from 2QTR 2007 – 2QTR 2009. This is more than 5% better than the for-profit sector, where jobs DECREASED on average of 3.3% during the same period.

Of note, according to the study, jobs in the arts and entertainment non-profit organizations grew an average of 4.6% from 2007-2009.

Preston also states that this growth in the non-profit sector is stronger than it’s been during the whole of 2001-2007. In The Law Firm for Nonprofits’ home state of California, nonprofits saw 3.9% job growth in that period compared to 0.4% job growth in for-profit. Between 2007 and 2009, nonprofit job growth in California stood at 2.8% versus 4.2% job loss among for profits.

You can access the study at http://bit.ly/lfnp111j.

NOTE: The information contained herein is not intended to be legal advice and the reader should know that no Attorney-Client relationship or privilege is formed by the posting or reading of this article which is also not intended to solicit business.

Casey Summar, Partner, The Law Firm for Non-Profits, 4705 Laurel Canyon Blvd, #306, Studio City, CA 91607

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