Women Avoid Discrimination, Increase Wages As Entrepreneurs
Women, eager to avoid wage discrimination, glass ceilings on promotion, and the lack of freedom they face in the modern-day workplace, continue to start their own businesses, adding to the almost 8 million woman-owned firms nationwide. These companies now employ 18.5 million people and produce $2.3 trillion in annual revenues.
"Women get discouraged by the wage differential, or no promotion, or 'last hired, first fired,'" explained Sherrye Henry, assistant administrator in the Women's Business Ownership office. In addition, many woman business owners who want to take time off to balance their work and family responsibilities enjoy the greater flexibility that comes along with self-employment.
While many woman-owned businesses are concentrated in services and retail, women are making advances in the traditionally "male" areas of construction, transportation, and communications.
Media Resources: Christian Science Monitor, July 17, 1998
1/27/2016 Taiwan Elects First Woman President - In a landslide victory, the leader of Taiwan's Democratic Progressive Party (DPP) Tsai Ing-wen won the country's presidential election, becoming the first woman in Taiwan's history to hold the position.
Emphasizing her party's commitment to maintaining Taiwan's independence from China, Tsai won over young voters eager to usher in a political changing of the guard following some 70 years of dominance by the pro-Chinese unification party, the Kuomintang (KMT), chaired by presidential opponent Eric Chu. . . .