When it comes to career opportunities for women, Hawaii is number-one in the U.S., according to the results of a recently released analysis.
With tomorrow being Women’s Equality Day, and the United States ranking a disappointing 23rd on the Global Gender Gap Index, the personal finance social network WalletHub conducted an in-depth analysis of 2014’s Best and Worst States for Women’s Equality.
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.
And in averaging out the numbers …
Women’s Equality in Hawaii (1=best)
- 16th – Earnings Gap
- 9th – Executive Positions Gap
- 3rd – Workday Hours Gap
- 17th – Educational Attainment Gap
- 1st – Minimum-Wage Workers Gap
- 21st – Unemployment Rate Gap
- 2nd – Life Expectancy at Age 65 Gap
- 2nd – Political Representation Gap
New York is ranked second, followed by Maryland, Maine and Nevada. The five worst states for career opportunities for women, according to WalletHub’s analysis, are Indiana, Texas, Idaho, Utah and Wyoming.
Data used to create these rankings is courtesy of the U.S. Census Bureau, the U.S. Bureau of Labor Statistics, the U.S. Equal Employment Opportunity Commission, the National Women’s Law Center, the Centers for Disease Control and Prevention, and the Center for American Women and Politics.
Even with all their advances toward social equality thus far, women continue to be disproportionately under-represented in leadership positions. This past March, the Center for American Progress reported that women “are only 14.6 percent of executive officers, 8.1 percent of top earners, and 4.6 percent of Fortune 500 CEOs.” And though they comprise the majority of the labor force in the financial services and health care industries, none are head honchos of their companies.
Although the U.S. has completely closed its gender education gap, about two-thirds of minimum-wage workers across the country are female, according to the National Women’s Law Center. At a federal minimum wage of $7.25 an hour, the NWLC points out, a full-time worker would earn only $14,500 a year, placing a three-person family “thousands of dollars below the federal poverty line.”
For the full report, please visit: http://wallethub.com/edu/best-and-worst-states-for-women-equality/5835/