Tuesday, October 16, 2012

Valerie Lies: The economic power of not making a profit - Springfield, IL - The State Journal-Register

Valerie Lies: The economic power of not making a profit - Springfield, IL - The State Journal-Register: As Illinois tries to resuscitate its economy, lawmakers should know that some of the state’s biggest job producers are the ones that don’t make any money.

That’s one lesson to emerge from new research that shows that Illinois’ nonprofit community represents the state’s fourth-largest employer, accounting for more than a half-million jobs. The study, conducted by Johns Hopkins University on behalf of Donors Forum, an association of grantmakers and nonprofits, finds that nonprofits support 517,600 jobs in Illinois, more than the number of workers in the transportation, construction, and real estate industries combined.

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