Monday, August 08, 2005

NewsWatch-Study: Nonprofit jobs outpace private sector

NewsWatch: "Study: Nonprofit jobs
outpace private sector

A new study shows that while job growth in the for-profit sector in Maryland remained stagnant, the state's nonprofit sector continued to grow, adding 4,300 new jobs in 2003, the latest year for which statistics are available.

The study, by researchers at The Johns Hopkins University, showed that the number of Maryland residents employed by nonprofits grew to 228,031 paid workers by the end of 2003, up 2 over 2002. The nonprofit sector employs twice as many workers as the state's banking, finance and insurance industries combined, and more people work for nonprofits than work in manufacturing or construction."

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