Democracy at Work Institute Releases Its 2023 Worker Cooperative State of the Sector Report

The Democracy at Work Institute (DAWI) recently released its 2023 Worker Cooperative State of the Sector Report. The report, which covers two years of business progress among worker-owned and democratic workplaces in the US, takes into account the latest developments in the worker cooperative space and aims to increase understanding of the sector as a whole.

The report identified 751 known worker cooperatives that together have over $480 million in annual revenue. DAWI notes that the estimated number of worker cooperatives grew by 20% over the last two years and tripled over the past decade.

Also included in the 2023 report is an up-to-date map of metropolitan areas in the US and Puerto Rico that contain concentrations of worker cooperatives. Furthermore, the report data notes a high rate of success in the early years of worker cooperatives and a period of growth being driven by startups, as well as equitable pay ratios within worker cooperatives.