New York Among States Doing the Most to Overcome Wage Equality

Which States are Closest to Wage Equality.

Wage Equality

Women’s Equality Day is coming up on August 26th, lets take a look at which states are closest to wage equality.

A study done by Business.org found that states that are closer to pay equality also have a higher number of women-owned business startups as well.

Data uncovered:

  • Seven states are the closest to overcoming gender wage gaps.
    • Top states include
      • New York
      • California
      • Florida
      • Texas
      • Virginia
      • Vermont
      • District of Columbia.
  • The top two states overall are New York and California.
    • New York was first for wage equality at $0.89 and #4 for new business creation by women.
      • Not only is it an ethical and moral priority to pay equally, there’s an economic incentive as well.
    • California ranked #1 for women creating new businesses and second for wage equality at $0.88 for every $1 a white male earns.
  • In the US overall, women still make just $0.80 on the dollar for what white men make.
    • This is even worse for women of color—Hispanic and black women earn 54 cents and 63 cents to the dollar, respectively, of what white men take home in the United States.
  • Women account for more than 40% of new business owners, showing that women are showing their entrepreneurial spirit more and more.
  • Utah and Louisiana have the highest wage gap. Women make $.70 on the dollar in both states.
  • California, unsurprisingly, has the highest business creation at 125,294. Alaska has the lowest business creation at 1,402.

Wage Equality

Methodology for ranking:

The data team at Business.org analyzed data from the AAUW and US Census data. Data reported by the US Bureau of Labor Statistics for “business births” which is the BLS term for business creation

There still is a long way to go before reaching complete equality, especially with pay gaps, social issues, and respect in general.

Numbers prove more women than ever are breaking into the entrepreneurial sphere and that deserves recognition.

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For more information contact: Shea Drake – shea@business.org – 801.903.4435