Facts About Women in Business

Women in Business

Women in U.S. Workforce

Briefcase Essentials by Susan T. Spencer

Women comprise 46% of the total U.S. labor force.
(Source: JobProfile.com, February 2010)

Women are projected to account for 51.2% of the increase in total labor force growth between 2008 – 2018. (Source: United States Department of Labor, November 2009)

The largest percentage of employed women (40%) worked in management, professional, and related occupations; 32% worked in sales and office occupations; 21% in service occupations; 5% in production, transportation, and material moving occupations; and 1% in natural resources, construction, and maintenance occupations.
(Source: United Sates Department of Labor, November 2009)

The largest percentage of employed Asian (47%), white (41%), and black (34%)women worked in management, professional, and related occupations. For Hispanic (32%) women, it was sales and office occupations.
(Source: United States Department of Labor, November 2009)

Women Owned Businesses- Medium & Large Companies

Of the 10 million plus women-owned businesses in the U.S., only 3% have annual revenue of more than $1 million dollars, compared to 6% of all male-owned businesses.  (Center for Women’s Business Research Reports)

Only 2 percent of Fortune 500 CEOs are women and only 15 percent of the seats on boards of directors are held by women. (Source: Alice E.Eagly, and Linda L.Carli, Through the Labyrinth, 2007).

Approximately 40 percent of all privately held firms in the Unites States are at least 50% owned by women.(Source: Alice E.Eagly, and Linda L.Carli, Through the Labyrinth, 2007).

Women business owners employ 35% more people than all Fortune 500 companies combined.
(Source: JobProfile.com, February 2010)

Every day, an average of 1,400 to 1,600 women leaders are leaving Fortune 500 companies to start their own businesses or work for competitors—twice the rate of their male counterparts.
(Source: Linda Coughlin, Ellen Wingard, and Keith Hollihan, Enlightened Power, 2005).

4 in 10 businesses worldwide have no women in senior management.
(Source:  Job Profile.com, February 2010)

Women and Small Business Facts – Women in Business

Across the SBA’s entire 7(a) program, lending to female borrowers has declined to 18% so far in 2010 from 23% in 2008, while lending to minority borrowers dropped to 19% from 33%. (Source: NYTimes.com/You’re the Boss blog, July 20, 2010)

Women are starting a business every sixty seconds.
(Source: Marie C. Wilson, Closing the Leadership Gap, 2007).

Earnings/Pay Facts for Women in Business

Women make only 77.5 cents for every dollar that men earn.
(Source: JobProfile.com, February 2010)

38% of women with college degrees or higher earn less than $30,000.
(Source: Women Employed)

Women earned less than men in 99% of all occupations.
(Source: JobProfile.com, February 2010)

Working Mothers

53% of employers provide at least some replacement pay during periods of maternity leave.
(Source, JobProfile.com, February 2010)

73% of all mothers with children under 18 work.

67% of women with children under age of 6 work.

55% of working women are married, 25% are single, 20% are divorced or separated’

57% of women earning less than $30,000 have children under 18
(Source, Women Employed)

Women in Business

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