Women are contributing to the economy at record rates, and that is especially true in Minnesota. In 2018, the labor force participation rate for Minnesota women was 66.3 percent, which is nearly 10 percent higher than the national average. Minnesota is also making great strides toward reducing the gender wage gap. Nationally, women are paid about 80 cents for every dollar a man makes. A 2017 study by WalletHub found Minnesota women earn 84 cents for every male dollar.
While we may be ahead of the curve, we are still a long way from wage parity for women and men, especially for women of color, where we see wage gaps still as low as 49 cents to a white man’s dollar. Read the full article
Women’s Business Development Center Joins the Small Business Saturday Coalition for the 10th Annual Small Business Saturday® to Help Support Small BusinessesSee More