Texas Ranks as Top State for Women Who Are Self-Employed
Texas ranks as a top state for women who are self-employed, according to a new report by the Center for Women in Business, a program of the U.S. Chamber of Commerce Foundation.
Texas came in second on the list, with 44.5 percent self-employed workers being female. Oregon came in at the number one spot with 45.5 percent. Of the top 10 ranked, only 3 states, including Texas, were not located in the Western portion of the country.
Other states ranking high on the list included Washington, Utah, Nevada, Delaware, and Maryland. States that ranked low included Mississippi, Arkansas and North Dakota, which ranged from 31.2 percent to 27.9 percent.
According to the report, women-owned businesses have increased at 1.5 times the rate of male-owned businesses. One interesting factor included in the study was that 90 percent of the female-owned business has no employees, and only 2 percent of female-owned companies have more than 10 employees. This is contrast to the 82 percent of overall businesses with no employees, and 4 percent with more than 10.
More information on the study is available online. Find out more about Texas Ranks Top State for Women Who Are Self-Employed.