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Article: Maryland Nonprofit Employment Boomed from 1995 to 2005; State's Nonprofits Employ More Than Information, Finance, or Construction Industry.
- Article from:
- AScribe Business & Economics News Service
- Article date:
- November 19, 2007
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Byline: Johns Hopkins University
BALTIMORE, Md., Nov. 19 (AScribe Newswire) -- Nonprofit employment in Maryland grew more than twice as fast as jobs in the state's for-profit sector between 1995 and 2005, according to a new Johns Hopkins University study.
During those 10 years, Maryland's nonprofit sector proved to be a consistently strong economic force with a 36 percent employment increase compared with just a 15.3 percent increase by the for-profit sector, said Lester Salamon, director of the Center for Civil Society Studies within the university's Institute for Policy Studies and a leading expert on nonprofits.
"In the most recent year ...