MKCF - Vital Signs Digital brochure FINAL - Flipbook - Page 5
2024 and beyond
This year, will see local and national elections,
funding priorities may therefore change around
public sector funding.
The Institute for Employment Studies, December 2023
brie昀椀ng, envisages a slowdown in the labour market,
as well as pay rises. Employment appears to be falling
for young people, down 1% over the last year. This is often
an early indicator of falling demand, as young people are
those most a昀昀ected by slowdowns in hiring.
The Charities Aid Foundation in their Giving Report for 2023,
highlighted the issues around volunteering levels, which are
seeing a sustained decline over the last 5 years. Giving went up
in 2022, with donations surging due to the con昀氀ict in Ukraine,
but are yet to return to pre-pandemic levels.
Demand for support from funders is likely to increase as small organisations
have used their reserves to maintain services over the past 3 years.
25%
Jenny, Girl Pack
of givers have changed their
charitable behaviour because
of the cost-of-living crisis.
This highlights, more than ever,
how vital it is to give locally.
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