Wednesday, March 27, 2013
Where Are U.S. Women in 2013?
While there is room for more research on how women in leadership roles affect policy outcomes, the advancement of women in our workplaces has had clear benefits for our economy and nation. Studies have shown that Fortune 500 corporations with more women on their boards perform better financially and that hedge funds run by women also outperform the industry standard. But right now, of the 1,000 CEOs leading our nation’s largest businesses, only 42—4.2 percent—are women.
Furthermore, women are more likely to work in many of the low-wage, service-sector jobs that underpin much of our economy. Women make up 54 percent of all service-sector workers and77 percent of all education and health-service workers. This includes 80 percent of those in health care and social-assistance jobs, and more than 80 percent of workers in nursing and residential-care facilities. As these occupations are some of the fastest-growing jobs in our economy, it is important to pause and take note of not just the absolute gains women are making in employment, but the ways in which they are being represented and empowered—or disempowered—at every level. Center for American Progress