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Employment for the subsector is expected to increase

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Unformatted text preview: ices, employing more than 50% of the supersector’s workforce. Employment for the subsector is expected to increase by 700 jobs in 2012. This is greater than the 200 new jobs expected in 2011. Nationally, second quarter 2011 revenue for Religious, Grantmaking, Civic, Professional, and Similar Organizations rose 16.8% over the same time period in 2010. However, prolonged high unemployment and the slow economic recovery has strained the resources of many nonprofits. A survey by the Communitiy Foundation found that demand for services is up and donations are down in many Colorado nonprofits. On the bright side, high unemployment has also led to many workers spending more time getting involved with volunteer opportunities and other nonprofit organizations. Colorado moved from 16th to 13th in the nation for the percentage of population who volunteered in 2010, continuing a trend of increasing volunteer involvement in the state. Future employment growth expected in this sector may be explained by the gr...
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This note was uploaded on 02/11/2013 for the course MGMT 231 taught by Professor Yu during the Spring '13 term at Bauder.

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