Women in Business by the Numbers

Today is the last day of Women’s History Month, an observance that came about because a group of women from New York City factories staged a protest over working conditions. That was on March 8, 1857.

We’ve come a long way since then, but as the section below on Earnings, in particular, shows, we still have a long way to go. Here’s a snapshot of “women” when it comes to business numbers.

Earnings:
$36,278 The median annual earnings of women 15 or older who worked year-round, full time, in 2009, was up 1.9 percent from $35,609 in 2008 (after adjusting for inflation). Still, women earned just 77 cents for every $1 earned by men.
Source: Income, Poverty, and Health Insurance Coverage in the United States: 2009

88% The ratio of women’s-to-men’s earnings in the District of Columbia in 2009, among the highest of any state or state equivalent in the nation, with a ratio at or above 80 percent, along with Arizona, California, Nevada, New York, Florida, North Carolina, Texas and Maryland.
Source: Earnings by State: 2009 American Community Survey

Businesses:
The source for the statements in this section is the Survey of Business Owners: Women-Owned Businesses: 2007
www.census.gov/econ/sbo and www.census.gov/newsroom/releases/archives/business_ownership/cb10-184.html

$1.2 trillion Receipts for women-owned businesses in 2007. There were 141,893 women-owned businesses with receipts of $1 million or more.

7.8 million The number of women-owned businesses in 2007. Women owned 29 percent of all nonfarm businesses; 910,761 of these were employer firms. Women were also equal owners with men of another 4.6 million businesses.

7.6 million Number of people employed by women-owned businesses in 2007. There were 7,644 women-owned businesses with 100 or more employees, generating $357.9 billion in gross receipts.

More than 45 percent of women-owned businesses operated in health care and social assistance, and other services, such as personal services; professional, scientific, and technical services; and repair and maintenance. Women owned 52 percent of all businesses operating in the health care and social assistance sector. Wholesale and retail trade accounted for 36 percent of women-owned business revenue.

13% Percentage of women-owned businesses in California in 2007, which had the most women-owned businesses at 1 million. Texas was second with 610,162 or 8.0 percent of all women-owned businesses. New York was third in number with 594,421, accounting for 7.8 percent of all women-owned businesses.

Jobs:
59% In 2009, the percentage of females 16 and older who participated in the labor force, representing about 72 million women.
Source: Bureau of Labor Statistics

39% Percentage of females 16 or older who worked in management, professional and related occupations, compared with 33 percent of males.
Source: 2009 American Community Survey

23.9 million Number of female workers in educational services, health care and social assistance industries. More women worked in this industry group than in any other. Within this industry group,12 million worked in the health care industry, 9.1 million in educational services and 2.8 million worked in the social assistance industry.
Source: 2009 American Community Survey

111,000 Number of female police officers across the country in 2009. In addition, there were about 9,700 women firefighters, 338,000 lawyers, 294,000 physicians and surgeons, and 38,000 pilots. (Note: Number of pilots pertains to 2008.)
Source: Statistical Abstract of the United States: 2011, Tables 615 and 1082

For deeper insights, my friend Julie Weeks at Womenable provides this analysis on the latest census numbers on women in business.

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About Smart Companies Thinking Bigger®

Kelly Scanlon is the owner and publisher of Thinking Bigger Business Media. She recently finished a term on the national board of directors of the National Association of Women Business Owners, and was the national chair from 2010-2011. An advocate for small business owners, Kelly sits on numerous boards and committees to advocate on behalf of small business owners. She has won several awards for her advocacy. Among them are the 2011 United Nations NGO Positive Peace Award on behalf of Kansas City area small business owners, the U.S. Small Business Administration's Region VII Women's Business Champion of the Year in 2009, and the Women in Business Advocate of the Year from the State of Kansas in 2006. In 2002, she won the SBA's Region VII Small Business Journalist of the Year Award (Missouri, Iowa, Nebraska, Kansas). Whatever your business stage—aspiring, startup, established, mature—Thinking Bigger Business Media has the resources you need to grow to the next level. We are a resource organization dedicated to providing the strategic, "how-to" information small business owners need to become more productive and more profitable. We also provide information that helps owners connect with resources within the business community that can help them grow. We deliver that information through a variety of media products and other channels easily accessible to business owners.
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