Topic: Nonprofit Rate of Job Growth Outpaced For-Profit Rate by Over 3 to 1 Over Past Decade
Organization: Johns Hopkins Center for Civil Society Studies
Summary: From pre-recession 2007 through 2016, nonprofit employment grew by nearly 17 percent while for-profit employment grew by less than 5 percent. After the recession, nonprofits added jobs at a rate that was nearly four times that of for-profit businesses as of 2016, the latest year for which Bureau of Labor Statistics data is available.
Nonprofit wages topped $638 billion in 2016, the third largest payroll in America, behind manufacturing and professional services. The center reported in May that nonprofits are the country’s third-largest employer, with 11.9 million workers, trailing only the retail trade and manufacturing.
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