Based on the Guardian Life Small Business Research Institute’s projections, women-owned small businesses will generate more than half of the 9.72 million new small business jobs expected to be created, and roughly one-third of the 15.3 million total new jobs anticipated by the Bureau of Labor Statistics by 2018. This projection is striking, given that women-owned businesses currently account for just 16 percent of total U.S. employment.
The Institute’s projections are based on a rigorous analysis of converging factors, including the faster growth rate of women-owned businesses vs. male-owned; higher college graduation rates by women vs. men; the predicted growth of industry sectors and occupations dominated by women; and The Guardian Life Index: What Matters Most to America’s Small Business Owners.
Monday, December 21, 2009
Women Business Owners Know How To Create and Be Creative
New research forecasts women small business owners will create 5+ million new jobs by 2018, while creating a far more inclusive workplace environment through their distinctive management approach.
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