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How Much Money Are Women Making in Your State?
Although the United States still ranks a disappointing 23rd on the Global Gender Gap Index, personal finance social network WalletHub had some good news last week for Massachusetts, just in time for Women’s Equality Day: In its 2014 in-depth analysis of the Best and Worst States for Women’s Equality, the publication ranked Massachusetts 13th best overall.
To gauge the scope of gender-based disparities in the United States, WalletHub ranked each of the 50 states based on 10 key metrics. They range from the gap in the number of female and male executives to the disparity between women’s and men’s life expectancy to the imbalance of their political representation.
By highlighting the most and least gender-egalitarian states, the aim is to help women find the best career opportunities, and Massachusetts ranks in the top half on almost all 10 key metrics (1 = best):
- Unemployment Rate Gap: 5
- Political Representation Gap: 15
- Educational Attainment Gap: 18
- Earnings Gap: 21
- Executive Positions Gap: 23
- Life Expectancy at Age 65 Gap: 25
- Minimum-Wage Workers Gap: 26
- Workday Hours Gap: 34
Here are some additional must-read articles ripped from the women-and-business headlines this week:
Author Elizabeth Gilbert weighed in on Oprah this week with some helpful (often hilarious and humbling) tips on the importance of asking for what you want.
FastCompany highlighted a new study that shows competitive workplaces may put women at a disadvantage by killing their creativity.
The Huffington Post highlighted the continued need for modern workplaces to do away with unpredictable, inflexible schedules that burden women and obscure their chances of both work-life balance and career success. For inspiration on how to modernize your workplace and employee culture, read about some of our featured Companies Where Women Thrive.
Since Women’s Equality Day was created to honor the date in 1920 when courageous suffragettes secured the right for women to vote with the passage of the 19th Amendment, check out DailyWorth’s 25 Women to Honor and their humbling, inspiring stories of innovation and status-quo-shifting success in business.
April Lane is a freelance writer.
Learn more about Bentley’s PreparedU Project, which examines challenges facing millennial workers, the companies that employ them and the colleges and universities that prepare them.
College Factual, an online portal designed to assist students in selecting a college, has released its top colleges for a degree in finance ranking and Bentley University stands at #4 overall in the U.S.