Posted by: jeb1 | July 29, 2010

Women are the Decision Makers for Remodeling

In an article titled, “The End of Men” in the July/August 2010 issue of Atlantic Magazine, author Hanna Rosin reported some little known statistics about how far women have come in today’s society. How many of these were you aware of?

  • As of earlier this year, women now outnumber men in the U.S. workforce for the first time ever.
  • Even though women outnumber men in the workforce, three-quarters of the jobs lost in this recession were lost by men.
  • Thirteen of the 15 job categories projected to grow the fastest over the next decade are staffed primarily by women.
  • Women now hold more than 50% of managerial and professional jobs, according to the Bureau of Labor Statistics.
  • According to Rosin, women now earn 60% of master’s degrees, about 60% of all bachelor’s degrees, about half of all law and medical degrees, and 42% of all MBAs.
  • A 2008 study by researchers at Columbia Business School and the University of Maryland looked at the top 1,500 U.S. companies from 1992 to 2006 and discovered that firms that had women in top positions performed better.

The rising level of women’s educational attainment and workplace prominence will have a profound impact on the business and investment spheres in the years to come. As part of our “find a trend and throw yourself in front of it” philosophy, we will continue to monitor this long-term trend and the ensuing investment implications.

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