California
California, Colorado best states for women-owned businesses
Story at a look
- Monetary consulting agency Make clear Capital just lately launched a rating of the “greatest” and “worst” states for women-owned companies.
- Research crafters gave every state a rating primarily based on a mean of every’s state’s rating in 5 completely different classes.
- The evaluation decided that California, Colorado, New York, Florida and Vermont had been the very best states for women-owned companies.
California, Colorado and New York are the three greatest states for women-owned companies, in line with an evaluation from monetary consulting agency Make clear Capital.
Though nonetheless within the minority, women-owned companies are on the rise. In 2018, women-owned companies accounted for just below 20 % of all companies that employed folks in america, in line with U.S. Census Bureau’s Annual Enterprise Survey.
However there have been 6,861 extra women-owned companies in existence that 12 months than in 2017, marking a rise of 0.6 %.
America is altering quicker than ever! Add Altering America to your Fb or Twitter feed to remain on prime of the information.
Research crafters decided the “greatest” states by rating them primarily based off an aggregated rating of the next 5 variables: share of female-owned small companies, women-to-men pay ratios, feminine unemployment charges, the variety of women-owned companies with $1 million or extra in annual income and the variety of women-owned firms per 10,000 residents.
California was ranked first with a rating of 80.68, the examine states, and has the best variety of female-owned firms raking in over a $1 million in income a 12 months.
The Golden State got here in fifth out of all 50 states for probably the most equal feminine to male pay ratio and ranked low when it comes to % of feminine unemployment.
Although it didn’t make the highest 10, Wyoming ranked first within the examine’s class of share of women-owned companies and second in women-owned companies per 10,000 residents.
Vermont got here in at primary within the class of women-to-men pay ratio. For each greenback a person earns, Vermont girls earn 89 cents, which is six cents greater than the nationwide pay hole, in line with U.S. Census information.
Nevada, ranked 35th on the record, was the state with the most important soar in women-owned companies over the previous 20 years at 83 %, in line with the evaluation. In the meantime, the best lower in women-owned companies over that very same time interval has occurred in West Virginia, which got here in at quantity 50.
READ MORE STORIES FROM CHANGING AMERICA
ENTIRE POLICE DEPARTMENT RESIGNS IN MISSOURI
UN CALLS FOR US, OTHERS TO END ‘IMPUNITY’ FOR POLICE VIOLENCE AGAINST BLACK PEOPLE
RACIAL CONTROVERSY ERUPTS AROUND ROYALS AT BUCKINGHAM PALACE
PRINCIPAL ESCORTED OUT OF HIGH SCHOOL GRADUATION AFTER DELIVERING FIERY SPEECH
Printed on Jul. 01, 2022