Economic contribution of the Third sector

Regional Action West Midlands have just released a piece of research mapping the economic footprint of the voluntary and community sector in the West Midlands.

According to the research:

• The West Midlands’ voluntary and community sector brings an income of £3.3 billion into the region, totaling £512 for every person in the region.
• Over 51,000 people are employed in the voluntary and community sector in the West Midlands across 14,430 organisations.
• Just over half of the sector’s workforce is involved in social care and development.
• Over 45 per cent of paid employees in the sector work in professional, technical and managerial positions, a similar profile to the private sector.