Nonprofit Employment Fares Better in Downturn
As nonprofits weathered the recent economic crisis better than for-profits in terms of employment, the Unemployment Services Trust predicts that more 501(c)(3) organizations will exercise their rights to opt out of the state unemployment tax system. Santa Barbara, CA (PRWEB) September 22, 2011 Nonprofits have proven more resilient in the recent economic downturn than many expected. According to a new report from the Johns Hopkins Nonprofit Economic Data Project, they fared even better than their for-profit counterparts. “While other sectors are shedding jobs, nonprofit organizations boost
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