The Business of America’s Women is Business
By Nanette Fondas
This week we celebrate National Women’s Business Week and celebrate we should. Why? Women-owned businesses:
And millions of women work for small businesses. You don’t always see these women and moms in the glamorous work places that are shown usually on television and discussed in books and articles, but we all know these gals: they are our sisters, friends, mothers ….. us!
The Kauffman Foundation reported last week that the entrepreneurs who are starting businesses have been the key drivers of economic recovery in past recessions: companies less than five years old accounted for virtually all net new-job creation since 1980.
This continues the trend of women, especially mothers, moving into the labor force that began in the 1960s. Women held 34.9 percent of all jobs 40 years ago; today we hold 49.8 — any day now you will hear that we’ve passed the 50 percent mark. While most agree that this will occur because the recession is a “he-cession” (78 percent of the 7 million jobs lost since the start of this recession in December 2007 were held by men), it augurs more change at the nexus of work and family, where unbending gender roles at home might finally give way to equality.
So hats off to women starting, sustaining, and working in women-owned businesses.
is a writer, mother, and former professor of business administration. She is the author of numerous articles and research reports on the sociology of work, family, and management. She is Executive Editor at MomsRising.org and she edits the "Peaceful Revolution" column on innovative work policies and practices at The Huffington Post.
MomsRising.org is an organization working to build a truly family-friendly nation. Started in May, 2006, MomsRising uses the power of online organizing in coordination with grassroots activities and media outreach to educate the public about problems facing American families and to propose common sense solutions. MomsRising.org provides citizens with an opportunity to amplify their voices and to take their concerns to leaders who are in positions to implement real changes.
Find us and join us at MomsRising.org.