Thursday, March 10, 2011

Nonprofit Sector Continues to Grow, Despite Recession -- BALTIMORE, March 8, 2011 /PRNewswire-USNewswire/ --

Nonprofit Sector Continues to Grow, Despite Recession -- BALTIMORE, March 8, 2011 /PRNewswire-USNewswire/ --: "BALTIMORE, March 8, 2011 /PRNewswire-USNewswire/ -- The 2010 Nonprofits by the Numbers report by Maryland Nonprofits shows that nonprofit organizations in Maryland continued to add jobs in 2009, despite the recession. Nonprofit employment grew 2% in 2009, compared to a statewide drop in total employment of 3.2%. Nonprofits sustained the growth trend throughout the last five years delivering a robust 9.5% nonprofit employment growth, or 22,205 new jobs in Maryland from 2004-2009, while total employment contracted from 2004-2009 by 2.1% in the same period. Nonprofits in Maryland employ 255,408 people or 10.6% of the state's workforce, and account for 10% of all wages paid statewide. This is up from 9.5% of the workforce and 8.6% of wages in 2004. An early look at the first six months of 2010 employment data indicates that the growth trend continued and accelerated last year, as well."