Why Women Will Rule the Economy of the Future – Jordan Weissmann 1

“It may be the Cock that crows, but make no mistake that it’s the Hen who decides when and where to lay the egg” – Margaret Thatcher.  The numbers continue to tell the story. According to research conducted by The Centre for Women’s Business – more than 10.1 Million firms are owned by women – employing more than 13 Million people. Women are starting more small businesses than men and those businesses are more likely to still be in business five years after start-up. (These are American stats but the numbers indicate that women are outpacing men in Canada as well)

Gentlemen if that doesn’t get your attention than this article written by Jordan Weissmann  and published in The Atlantic should. If the past is an indicator of the future than women will eventually outpace men in earning potential. It has long been argued that those who stay in school and graduate eventually earn more.  Men are still being paid more than their female counter parts for doing the same job – but the number of female graduates vs. male graduates suggests that will soon change.

Women are staying in school longer and are producing more graduates than men.   Low paying – manual labour type jobs are disappearing for a number of reasons. Education is now king. Those that have it – will be in a better position to fill the higher paying jobs.   Mary Matalin, former counselor to President George W. Bush and Vice President Cheney was quoted  as saying – “Women around the World are rewriting history at a ferocious pace with or without mans permission”.  Yes Bob – “The times they are a changing”. Enjoy the read – Cheers, 🙂

Why Women Will Rule the Economy of the Future—in 1 Graph – The Atlantic.

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